High transactions costs Select one: a. may be the result of downward-sloping dem

Question

High transactions costs Select one: a. may be the result of downward-sloping demand. b. may be a result of buyer opportunism. c. occur when specialized investment is not important. d. make spot exchange an efficient way to obtain inputs. High transactions costs Select one: a. may be the result of downward-sloping demand. b. may be a result of buyer opportunism. c. occur when specialized investment is not important. d. make spot exchange an efficient way to obtain inputs. Select one: a. may be the result of downward-sloping demand. b. may be a result of buyer opportunism. c. occur when specialized investment is not important. d. make spot exchange an efficient way to obtain inputs. a. may be the result of downward-sloping demand. b. may be a result of buyer opportunism. c. occur when specialized investment is not important. d. make spot exchange an efficient way to obtain inputs.

Explanation / Answer

b. may be a result of buyer opportunism.

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