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    Foundations of Macroeconomics
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    Exam 10: Externalities
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    Which of the Following Is the Best Example of a Transactions
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Which of the Following Is the Best Example of a Transactions

Question 163

Question 163

Multiple Choice

Which of the following is the best example of a transactions cost?


A) the value of the time spent negotiating a contract
B) the price of a new set of tires
C) the cost associated with producing a golf club
D) the price of labor and materials used to produce a house
E) the price of food

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