3 ms·
Which costs? Externalities normally refer to parties not involved in the transaction, and the suppliers are involved in the transaction.
by andrewmutz 3y ago
Which costs? Externalities normally refer to parties not involved in the transaction, and the suppliers are involved in the transaction.
- Retric 3y agoMany costs are listed, but the requirement for items on Amazon to get the lowest retail price “Most Favored Nation status” means they are an external influence on transactions that don’t involve them. It’s common for small breweries for example to offer cheaper prices at the factory than anywhere else because that’s the lowest possible transaction costs. Much like how credit cards charge merchant fees and then require cash payments to be at the same rate.