Consider a scenario in which there are four manufacturers,no intermediaries,and three consumers.Twelve transactions would be required for each consumer to receive products from each manufacturer.The introduction of one intermediary reduces the required number of transactions to four and demonstrates the idea of contact efficiency.

Question

Quizplus · Accepted Answer

Introducing one intermediary reduces the required number of transactions to seven.See Exhibit 13.1.

Consider a Scenario in Which There Are Four Manufacturers,no Intermediaries,and