Question

One significant component of ____ can be the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.
a. swot analysis

b. transaction costs

c. retention costs

d. economic costs

Answer 1

Answer:

B. Transaction cost

Explanation:

Transaction costs speak to the work required to put up a good or service for sale to the public, offering ascend to whole businesses committed to encouraging trades.