Explain the transaction costs incurred by informal business.

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Development Economics

ISBN: 9780321464484

1st Edition

Authors: Gérard Roland

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Question Posted: Nov 24, 2023 10:08 PM

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Explain the transaction costs incurred by informal business.

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Informal businesses often referred to as the informal economy or the shadow economy operate outside the formal regulatory framework and are not offici...View the full answer

Development Economics

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