This topic contains a solution. Click here to go to the answer

Author Question: Reducing _____ the benefits available to the buyer and seller and might also enable them to make ... (Read 108 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Answer to Question 1

B

Answer to Question 2

b




Sarahjh

  • Sr. Member
  • ****
  • Posts: 370

 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library