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In Which Situation Are Transaction Costs Most Likely to Be

Question 25

Multiple Choice

In which situation are transaction costs most likely to be the lowest?


A) Rodney buys antiques; he is currently looking for an eighteenth-century table.
B) Cathy is looking for someone who is willing to trade accounting services (in return) for law services.
C) Rodriguez wants to buy a house with two master bedrooms.
D) Melinda wants to buy a McDonald's Big Mac (she will not be asking for a special order) .

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