Setting up outlet malls in rural highways is an example of

A. reduced consumer transactions cost.
B. increased consumer transactions cost.
C. increased producer transactions cost.
D. reduced producer transactions cost.

Answer: A

Economics

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Consider how the United States balance of payments accounts are affected when U.S. banks forgive two billion in debt owed to them by the government of Argentina

What will be an ideal response?

Economics

Suppose the demand curve is perfectly inelastic and the supply curve is upward sloping. The price sellers receive after a specific tax is imposed on sellers

A) is less than before the tax. B) is higher than before the tax. C) is unchanged. D) depends on the supply elasticity.

Economics