Multiple Choice
The main reason Sears Roebuck became the largest retailer in the United States during the late nineteenth century was that:
A) it reduced a host of transaction costs which allowed higher profits to shareholders and lower prices to customers.
B) the railroad network improved substantially and charged higher rates for transporting goods.
C) the lack of competition lowered the cost of advertising and increased profits for shareholders.
D) his organization only interacted with the best wholesalers, distributors, and shippers in the business.
Correct Answer:

Verified
Correct Answer:
Verified
Q48: _ are an institution where the protocols
Q49: Fab Tools Inc.can produce 150 widgets and
Q50: Identify the correct statement from the following.<br>A)Modern
Q51: With technological developments, more resources are discovered
Q52: With cheaper communication technology and easy flow
Q54: Why do economists show little interest in
Q55: Reducing _ the benefits available to the
Q56: What matters in Economics is:<br>A)how much gain
Q57: Suppose Zia spends her time picking
Q58: In a two-person exchange, if the price