Exchanges Have Usually Been Mutual Organizations with Memberships or "Seats

Multiple Choice

Exchanges have usually been mutual organizations with memberships or "seats". Adopting a new technology ________.

A) may benefit the customers of an exchange by reducing the transaction costs but also decrease the value of access privileges and seats of a membership organization.
B) may benefit the customers of an exchange by increasing the transaction costs but also increase the value of access privileges and seats of a membership organization..
C) may benefit the customers of an exchange by reducing the transaction costs but also decrease the value of access privileges and seats of a membership organization.,
D) may benefit the members of an exchange by reducing the transaction costs but also decrease the value of access privileges and seats of a membership organization...