5min chapter

The Answer Is Transaction Costs cover image

The Riddle is Transaction Costs: That's What the Money is For!

The Answer Is Transaction Costs

CHAPTER

Exploring Haggling, Transaction Costs, and Price Discrimination

Exploring the concept of haggling and transaction costs through a comedic story about car parking in Manhattan, while discussing the effects on prices, price discrimination, and the challenges of haggling in different scenarios.

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