Answer:
The correct option is A
Explanation:
Transaction costs are the whole array of costs associated with selling, buying, transferring goods etc.
Transaction costs can be of different types which are:
- search costs
- monitoring costs
- Bargaining costs
- transfer costs etc.
The answer would be (B. To create one related to what you do in your free time) To be interested/motivated in what you are doing, it has to grab your attention, you have to appreciate the topic, best way to make a business you'll enjoy is to create one based around one of you favorite pass times, hobbies, passions, etc...<span />
Answer:
20 cents
Explanation:
The marginal cost refers to the cost of an extra unit. In this case, if she decides to purchase two tacos and a medium drink, she would spend $2.30. The difference between this option and the value meal, that contains three tacos and a medium drink, is 20 cents. The marginal cost of purchasing the third taco if she takes the second option would be 20 cents. If she decides to buy the tacos and the drink for apart, the marginal cost or extra unit cost would be 75 cents.
Answer:
The correct answer is letter "B": increase; decrease.
Explanation:
Producer surplus is the difference between the price at which the manufacturer actually sells a product and the minimum price the manufacturer would have accepted. The surplus results from the producer being able to sell their goods at a market price higher than their minimum price.
So, <em>if producer A manufactures a product that is being sold at a higher price level abroad, its producer surplus will </em><u><em>increase</em></u><em>. However, the overall economic surplus with trade will </em><u><em>decrease</em></u><em> since the introduction to producer A to the market will allow consumers to purchase the goods at a lower price</em>.
