In a market system, the costs associated with exchanging goods are known as A) voluntary costs. ...

Author Question: In a market system, the costs associated with exchanging goods are known as A) voluntary costs. ... (Read 68 times)

cool

Hero Member
Posts: 570

on: Jun 29, 2018

In a market system, the costs associated with exchanging goods are known as

A) voluntary costs.
B) signaling costs.
C) wholesale costs.
D) transaction costs.

Question 2

The money price of a good is also known as its

A) relative price.
B) case price.
C) absolute price.
D) subjective price.

gcook

Sr. Member
Posts: 343

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

C

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