If the Internet makes it easier for sellers to find buyers and makes it easier for buyers to learn about the products that are available for sale, we would expect that
a. the volume of trade will decline.
b. transaction costs will rise.
c. the gains from trade will increase.
d. buyers and sellers will be worse off.
C
Economics
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Of the following Asian countries, which has the lowest level of real GDP per person?
A) China B) Korea C) Singapore D) Hong Kong
Economics
Making choices that are expected to achieve the highest possible value for some objective is termed:
A) maximizing. B) minimizing. C) sanitizing. D) satisfying.
Economics