--%>
Assignment Help - homework help

When would transaction cost be zero

All transaction costs would be zero when: (1) Congress required current prices to be cut by eighteen percent. (2) market information and transportation were both costless. (3) market prices were legally restricted to production costs. (4) inflation were removed. (5) intermediary operations were efficient.

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 Microeconomics

  • Q : Monopolies over brand name products of

    Several firms have monopolies over brand name products, although face competition from: (w) international cartels. (x) oligopolistic rivals. (y) producers of close substitutes for their products. (z) intra-firm rivalry.

    Q : Positively sloped long run industry

    A purely competitive industry produces a positively-sloped long-run industry supply curve when the industry: (i) includes only firms which experience diseconomies of scale. (ii) is an increasing cost industry. (iii) experiences technological advances

    		•
  • Q : Signaling definition Can someone please

    Can someone please help me in finding out the accurate answer from the following question. Job applicants employ polished resumes explaining education, skills and work experience, accompanied by the supportive letters of recommendation letters as tools in the procedur

    		•
  • Q : Features of monopolistic competition

    Why Features of monopolistic competition is monopolist in nature? Answer: (a) Control over price (b) Downward sloping demand curve

    		•
  • Q : Riskiness of an Investment When the

    When the riskiness of an investment into an apartment complex warrants a 12.5% annual rate of return and the complicated is expected to generate net cash flow (as after utilities, preservation and other costs) of $2 million per year,

    		•
  • Q : Rational Investments and Sunk Costs

    Decisions are most obviously less than perfectly rational while: (1) you take a shortcut through a dark alley at 3:00 am to get home faster. (2) a brilliant student majors into art history in place of economics. (3) prisoners on death row in Texas know that tobacco ca

    		•
  • Q : Central bank as lender of last resort

    The central bank performs as lender of last resort. Explain how? Answer: The central bank too acts as lender of last resort for other banks of the country. This mea

    		•
  • Q : Implicitly weigh marginal cost and

    implicitly weigh marginal cost and marginal benefit

    		•
  • Q : Present Value of Capitalization The

    The present value of $1000 two years by now is: (w) $1000. (x) greater than $1000. (y) less than the present value of $1000 one year by currently. (z) $1,210. Hey friends please give your opinion for the problem of Economics that i

    		•
  • Q : Proportion of total costs I have a

    I have a problem in economics on Proportion of total costs. Please help me in the following question. Demand for the labor is more elastic as the: (1) Bigger labor costs is as proportion of net costs. (2) Shorter the time-interval considered. (3) Bigg

    		•