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Author Question: Reducing _____ the benefits available to the buyer and seller and might also enable them to make ... (Read 45 times)

Jkov05

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Reducing _____ the benefits available to the buyer and seller and might also enable them to make exchanges that were previously impossible.
 a. transaction costs decreases
  b. transaction costs increases
  c. marginal costs decreases
  d. marginal costs increases

Question 2

In the long run,
 a. some resources are variable and some resources are fixed.
  b. all the resources can be varied.
  c. all resources are fixed.
  d. at least one resource is fixed.
  e. there are no explicit costs.



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Sarahjh

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Answer to Question 1

B

Answer to Question 2

b




Sarahjh

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