Setting up of outlet malls in rural highways is an example of:
A) increased consumer transactions cost.
B) increased producer transactions cost.
C) reduced consumer transactions cost.
D) reduced producer transactions cost.

Question

Quizplus · Accepted Answer

The setting up of outlet malls in rural highways is an example of reduced consumer transactions cost, as it provides a convenient location for rural consumers to access discounted products at lower prices without having to travel to urban areas, which would otherwise increase their transactions cost.

Setting Up of Outlet Malls in Rural Highways Is an Example