Entrepreneurial opportunities exist to lower transaction costs and bring distant groups of people,firms,and countries together.

Question

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Entrepreneurial opportunities often involve finding ways to lower transaction costs and improve communication and coordination between parties that may be geographically separated. This can involve developing new technologies, innovative business models, or new forms of collaboration that allow people, firms, and even entire countries to connect and work together more effectively. By doing so, entrepreneurs can create value for themselves and their stakeholders while also contributing to economic growth and development.

Entrepreneurial Opportunities Exist to Lower Transaction Costs and Bring Distant