If there are 10 manufacturers and 200 retailers,and each manufacturer has 12 interactions per year with each retailer at a cost of $100 per transaction,the total transaction cost of doing business through this channel method is ________.
A) $2,000
B) $24,000
C) $200,000
D) $1,200,000
E) $2,400,000
Correct Answer:
Verified
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