The high transaction costs associated with a barter system refers to:
A)The fact that, often times, these exchanges are taxed by governments
B)The risk associated with having to carry an inventory of goods to trade
C)The high cost associated with finding someone with whom to exchange
D)The cost of drawing up complete contracts

Question

Quizplus · Accepted Answer

In a barter system, finding someone who has the goods you want and who also wants the goods you have can be difficult and time-consuming, leading to high transaction costs.

The High Transaction Costs Associated with a Barter System Refers