Economic cost is always less than accounting cost.

Individual investors can reduce transactions costs by

A) buying common stock rather than bonds. B) combining their purchases through an intermediary. C) common stocks directly, rather than through a mutual fund. D) making loans directly, rather than depositing funds in a bank.

Which of the following is a determinant of market supply?

A. Consumer expectations. B. Available technology. C. Consumers' income. D. Consumers' desire for the good.