Which of the following is an example of search costs

Asked by maham237 @ in Business viewed by 273 People

paying a premium cost for goods buying goods in some special way that is outside the normal channels driving to a faraway place to find available goods selling extra goods for a discount price

Answered by maham237 @


I think the correct answer would be driving to a faraway place to find available goods. Consumers will always search for several options of a certain products may it be for a better quality or better selling price. Search costs are costs associated with finding these alternatives.

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