What is an example of transaction cost?

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Oswald Veum asked a question: What is an example of transaction cost?
Asked By: Oswald Veum
Date created: Sun, May 23, 2021 4:50 PM
Date updated: Fri, Jul 1, 2022 3:24 AM

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Practical examples of transaction costs include the commission paid to a stockbroker for completing a share deal and the booking fee charged when purchasing concert tickets. The costs of travel and time to complete an exchange are also examples of transaction costs.

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