# QUESTIONS Which of the following is not something that could be considered part of the transaction...

###### Question:

QUESTIONS Which of the following is not something that could be considered part of the transaction costs involved in two people making an exchange? Ensuring the other participant in the exchange is trustworthy Transferring the product from the seller to the buyer Determining the location of a point by forming triangles to it from known points (Triangulation"). Defining the terms of an exchange Finding the other participant in the exchange QUESTION 9 Which of the following goods has the most significant network effects? Fax machine Internet connected "Smart kitchen appliances (eg an oven you can tum on with your phone) • Wi-Fi router O Vinyl record shops

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