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According to the entrepreneurial(market-driven)solution of the Roman grain trade, which of the following would NOT have created high transaction costs?

  1. The cost to move goods along the supply chain to the next transaction point.
  2. The cost to determine the quality of contracted supply.
  3. The cost to establish trust between transacting intermediaries.
  4. The cost to determine the quantity of contracted supply.

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Question added by Muhammad Hamid Munir PMP , Senior Project Manager/ System Program Manager , Ericsson
Date Posted: 2015/05/27
Vinesh T.P
by Vinesh T.P , Presales Technical Consultant , Unique Computer Systems

The cost to determine the quality of contracted supply.

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