The expenses you encounter when you buy in one market and sell in a distant market are known as

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The expenses you encounter when you buy in one market and sell in a distant market are known as

The expenses you encounter when you buy in one market and sell in a distant market are known as

• production costs.

• fixed costs.

• transactions costs.

• sunk costs.

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Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

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