How phone apps have eliminated transaction costs for you, Other Subject

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How phone apps have eliminated transaction costs for you

Question 1: Does Dr. Wong have transaction costs in creating this business model? Why will he continue to do this?

Question 2: Everyone knows who Amazon is - explain how the company is a middleman, and name a few products you, family, or friends have ordered. Were there any transaction costs?

Question 3: Explain how phone apps have eliminated transaction costs for you. Find an instance where using an application made obtaining something was made easier (besides Amazon).

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