Transaction Costs Can Be Defined As

Transaction costs can be defined as:

A) the costs incurred by buyer and seller in agreeing to and executing a sale of goods or services.
B) the costs the government must pay to allow for an exchange.
C) the costs the government must pay to ensure the execution of a sale of goods or services takes place.
D) the costs the government incur to create a structured market for the exchange of buyers and sellers.