Determining transaction costs Alyssa finds Tim through an ad in the local newspaper. Tim paid $ 4
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Determining transaction costs
Alyssa finds Tim through an ad in the local newspaper. Tim paid $ to post the ad in the newspaper. Alyssa and Tim agree on a price of $ for the new deck. Alyssa pays a law firm $ to write up a contract stating that Tim will build Alyssa a new deck for $
The transaction costs associated with this trade are ?
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