Unformatted text preview: Admittedly, there are other reasons we go to the store and “shop” around. Some of us like to see, touch and try a product before we purchase it. Some of us just like to wander around and look at the many products we are blessed to have at our finger tips. I am not much of a “go to the store shopper.” I prefer to shop for many things with mail order catalogs, dial 1-800-xxx-yyyy, or order over the internet and have it delivered to the door. Are there any transaction costs associated with this method of shopping? Sure. What are they? 11...
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- Fall '10
- Economics, Transaction cost, four days