subject
Business, 13.09.2019 05:30 bry662

Areduction in transaction costs will tend to
(a) reduce the number of mutually beneficial exchanges that occur.
(b) make specialization according to the law of comparative advantage more difficult.
(c) decrease the value created by exchanges in an economy.
(d) increase the number of mutually beneficial exchanges that occur.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:20
Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm
Answers: 1
question
Business, 22.06.2019 20:20
This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.
Answers: 2
question
Business, 22.06.2019 21:10
You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?
Answers: 1
question
Business, 22.06.2019 21:20
Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.
Answers: 1
You know the right answer?
Areduction in transaction costs will tend to
(a) reduce the number of mutually beneficial exc...
Questions
question
Chemistry, 18.05.2021 08:00
question
History, 18.05.2021 08:00
question
Mathematics, 18.05.2021 08:00
question
Mathematics, 18.05.2021 08:00
question
Mathematics, 18.05.2021 08:00
question
Social Studies, 18.05.2021 08:00