Individuals who specialize in activities that lower transaction costs are
A) consumers.
B) producers.
C) bureaucrats.
D) middlemen.
D
Economics
You might also like to view...
Distinguish the current account from the financial account
What will be an ideal response?
Economics
Using the expenditure approach, total spending by households for durable goods, nondurable goods, and services is a category called:
a. gross private domestic investment. b. capital consumption allowance. c. personal consumption expenditures. d. household investment.
Economics
To evaluate the potential impact of introducing the hybrid Prius auto into the U.S. market, Toyota Motor Corporation would use:
What will be an ideal response?
Economics
Describe what happens to the FE line if government purchases increase.
What will be an ideal response?
Economics