Which of the following choices is the best example of a search and information cost?
A) A clothing retailer creates a generous return policy for its customers.
B) A consumer products firm spends millions of dollars in advertising for a new shampoo.
C) A real estate broker charges a fee to list and sell a house.
D) A technology company spends millions of dollars manufacturing gear shafts for machinery.
Correct Answer:
Verified
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