Author Question: In a market system, the costs associated with exchanging goods are known as A) voluntary costs. ... (Read 74 times)

cool

  • Hero Member
  • *****
  • Posts: 570
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
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

For a complete list of videos, visit our video library