Homework 9 Pricing Microeconomics 1. When transaction costs are positive, buying at a low price in one market and reselling at a higher price in another market a) will not generate any profit because of transactions costs. b) will eventually eliminate all
March 23rd, 2022
Homework 9 Pricing Microeconomics 1. When transaction costs are positive, buying at a low price in one market and reselling at a higher price in another market a) will not generate any profit because of transactions costs. b) will eventually eliminate all