Economy, asked by kasparpanmei3319, 11 months ago

What do you mean by the absence of transportation cost?

Answers

Answered by pratibha4089
0

Hey mate.

Here is ur answer❤❤

Explanation:

They can buy or sell anywhere and at anytime they want, No transportation cost . There is an absence of transportation cost that is incurred in carrying the goods from one market to other.......This means any customers can buy from any seller , and any seller can sell to any buyer...

Hope it will help you

Answered by hotelcalifornia
0

The absence of transportation costs means there is no extra charge to exchange products from buyer to seller.

What does the transportation cost?

  • The expenses for maintenance of the product and depreciation cost come under transportation cost
  • When the company supply the products from one place to another place then transportation cost is required
  • The packing of goods is also an example of transportation cost
  • In perfect competition, transportation cost is not required
  • Transportation cost is the cost of delivery of goods from sellers to buyers

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