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.

Question

Quizplus · Accepted Answer

The Internet reduces transaction costs and information asymmetry, facilitating more efficient markets and increasing the gains from trade.

If the Internet Makes It Easier for Sellers to Find