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When are transaction costs to ultimate consumers reduced

Transaction costs to ultimate consumers are reduced if: (w) consumers travel long distances to buy directly from manufacturers quite than buying the goods at local retail stores. (x) intermediaries generate income while conveying goods from manufacturers to consumers. (y) consumers spend adequate time collecting information concerning prices and the availability of goods to make sure that they pay minimum possible monetary prices. (z) accurate information regarding a good is not freely and readily obtainable.

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