March 23, 2017

Post a New Question

Posted by on Sunday, November 18, 2007 at 6:28pm.

I have to discuss the growth of modern technology's impact on transaction costs. What points do you think I should discuss?

  • Economics - , Monday, November 19, 2007 at 2:00pm

    If I were writing such an essay, I would first discuss the multitude of ways that technology has lowered transaction costs. I would discuss improvements in speed and reliability. Then I would try to work in something about
    Types of labor (jobs) being phased out.
    Types of labor (jobs) being phased in.
    Capital/labor shifts
    Effects on national and international competitiveness
    Problems introduced by new ways of doing things.

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question