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Oliga [24]
3 years ago
6

Transaction costs are best defined as the

Business
1 answer:
Amiraneli [1.4K]3 years ago
6 0

Answer:

Costs associated with the time and effort necessary to make an exchange.

Explanation:

Transaction cost includes the expenses that have been done for buying a good or service. On checking the different provided options, the correct option will be "c.costs associated with the time and effort necessary to make an exchange."

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Is interest on loan an expense or a liability....Please help​
GREYUIT [131]

Answer:

expense

explanation :

when we're about loan we are talking about a business or a person who is taking a loan. in this case the person or the firm pay interest on the loan.

3 0
2 years ago
To maximize profitability and competitiveness, firms must:
Murljashka [212]
To maximize its profitability, a firm must configure its internal operations, such as manufacturing, marketing, logistics, information systems, human resources, and so on, so that they support that position.
4 0
3 years ago
Which choice gives a reason that property rights must be protected in a market economy?
Paha777 [63]

I believe the correct answer from the given choices is:

C. Producers must be ensured that they will be able to sell their products and keep their revenues

 

Producers are given the freedom or right to sell their product. They are protected by laws in a market economy.

8 0
3 years ago
Read 2 more answers
The table below shows the weekly demand for hamburger in a market where there are just three buyers. price buyer 1 qd 1 buyer 2
iren [92.7K]

Answer:

The answer is: 17

Explanation:

Demand is defined as the goods individuals are willing to purchase at the prevailing market prices. The demand curve expresses the relationship between the quantity demanded of goods at given market prices while holding all other factors constant. The given information expressed in tabular form is as follows:

Price             Buyer1Qd    Buyer2Qd     Buyer3Qd     Market Demand

$6                  7                   4                   6                       17

$5                  9                   7                   8                       24

$4                  15                  10                 12                      37

$3                  21                  15                 16                      52

In order to calculate total market demand, individual demand at the given prices are added horizontally, that is at a price of $6, total demand is 17, at $5 the total demand is 24 and so on. The higher the price the lower the quantity demanded and so on. The quantity demanded of a good and its price are inversely related.  

3 0
3 years ago
How long after irs accepts return will it be direct deposited.
avanturin [10]

Answer:

within 7-10 days of receiving your tax return, and process paper checks within about two weeks.

Explanation:

6 0
3 years ago
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