Question

Transaction costs do not include (a) induced indirect costs (b) establishing, implementing and revising the instruments it employs; (c) real resource costs of the controls (d) monitoring performance, and ensuring compliance

Answer 1

Answer:

Transaction costs do not include

(a) induced indirect costs

(b) establishing, implementing and revising the instruments it employs;

(c) real resource costs of the controls ✔

(d) monitoring performance, and ensuring compliance

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