Business, 04.05.2021 17:00 dewaynesmith46

9. Search costs are (1) The point at which quantity demanded
and quantity supplied are equal.
(2) The financial and opportunity costs
consumers pay when looking for a good or
service.
(3) A situation in which quantity supplied is
greater than quantity demanded; also
known as excess supply.
(4) A situation in which quantity demanded
is greater than quantity supplied; also
known as excess demand.

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9. Search costs are (1) The point at which quantity demanded
and quantity supplied are equal...