Problem regarding to intermediaries and social welfare

Society gains from the activities of intermediaries which succeed within: (1) falling uncertainty and transaction costs for last consumers. (2) arbitrating strikes and defending workers’ rights. (3) creating productive jobs for unskilled workers. (4) stabilizing employment and the price level. (5) settling civil suits throughout mediation in place of trial courts.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

   Related Questions in Business Economics

©TutorsGlobe All rights reserved 2022-2023.