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Business, 20.09.2020 16:01 michaelsoupios

Kristen no longer needs her old futon. She pays $25 to post an ad in the local paper: "FREE futon-you haul." David needs a futon for his new home. He spots the ad and rents a van for $75 an hour in order to haul the futon. David earns $24 per hour as a loan officer. He takes an hour off work in order to pick up the futon. The transaction costs associated with this exchange are:

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Kristen no longer needs her old futon. She pays $25 to post an ad in the local paper: "FREE futon-yo...
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