The Market for a Particular Good Is More Likely to Be

question 112

Multiple Choice

The market for a particular good is more likely to be local

• A) the lower the cost of transporting the good and the greater the ease of communication between buyers and sellers
• B) the higher the cost of transporting the good and the greater the ease of communication between buyers and sellers
• C) the lower the cost of transporting the good and the greater the ease of determining the good's quality
• D) the lower the cost of transporting the good and the more difficult the communication between buyers and sellers
• E) the higher the cost of transporting the good and the more difficult the communication between buyers and sellers

---

Definitions:

Long-Term Liabilities

Financial obligations of a business that are due more than one year in the future, such as bonds payable, long-term loans, and lease obligations.