--%>

Transaction costs in entrepreneurship

When you became an entrepreneur, in that case the transaction costs incurred in containing a luau for your employees would not comprise: (w) filling your car along with gasoline on the way to picking up the pig and poi. (x) time you use travelling to the grocery store to buy drinks and chips. (y) paying someone to dig a pit therefore you can cook the pig. (z) buying a new bicycle in the way back from the grocery store.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Comparison of competitive and

    If compared to competitive advertising, in that case informative advertising tends to: (1) help consumers make more satisfying choices. (2) be a waste of resources. (3) increase transaction costs. (4) be less efficient than competitiv

  • Q : What drives market towards their

    What drives market towards their equilibrium?

  • Q : Purely competitive market and constant

    When this firm is typical in illustrated figure of this purely competitive market and when this is a constant-cost industry, in that case the long run supply curve for the industry is a horizontal line which would go from: (1) point c

  • Q : NOT cartelized product in market power

    Products which have NOT been cartelized comprise: (w) oil. (x) bananas. (y) sugar. (z) wheat. Can anybody suggest me the proper explanation for given problem regarding Economics generally?

  • Q : Marginal revenue with price discriminate

    For any firm along with some degree of market power but that cannot price discriminate, the price is: (w) constant along the demand curve. (x) identical with marginal revenue. (y) greater than marginal revenue. (z) less than marginal revenue.

  • Q : Relatively market power The firm from

    The firm from the given list with relatively the most market power would probably be: (w) General Motors. (x) the world's biggest wheat farm. (y) a gas station in Wayout, Wyoming that has no competitors into 70 miles. (z) the BestBuy in Durham, North

  • Q : Public Goods and Service Why does a

    Why does a good or service become a public good or service?

  • Q : Feature of pure competition NOT a

    NOT a feature of pure competition would be: (w) identical products of firms. (x) long-run freedom of entry and exit. (y) large numbers of sellers and buyers. (z) price making behavior by individual firms. I need a

  • Q : Asymmetric information Provide the

    Provide the solution of this question. The problem of asymmetric information is that: A) neither health care buyers nor providers are well-informed. B) health care providers are well-informed, but buyers are not. C) the outcomes of many complex medical procedures cannot be predicted. D) insurance co

  • Q : Marginal Revenue and Costs in purely

    Hey friends I need your suggestion for this query about the profit and losses as illustrated graph when this firm produces q2 output, in that case its: (w) MR > MC. (x) MR < MC. (y) MR = MC. (z) P > MC.Please give me right answer for the same.