Business, 24.09.2019 01:40 dedrenabouyer

Which of the following is an example of search costs? (1 point) paying a premium cost for goods buying goods in some special way that is outside the normal channels driving to a faraway place to find available goods selling extra goods for a discount price

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I think the correct answer would be driving to a faraway place to find available goods. Consumers will always search for several options of a certain products may it be for a better quality or better selling price. Search costs are costs associated with finding these alternatives.

Answer from: PastyMexican24

driving to a faraway place to find available goods

Explanation:

Search costs are the financial and opportunity costs consumers pay in searching for a good or service. An example of a search cost is the time you spend taking multiple trips to different stores to try to find the particular good you want.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

Answer from: Quest

Setiap tindakan memiliki reaksi. ucapan itu ditulis oleh newton. itulah hukum ketiga-nya.

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Which of the following is an example of search costs? (1 point) paying a premium cost for goods buy...

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