Abstract
Exchanging goods and services through a market permits great increases in the efficiency of productive activity. Yet markets are not costless. Appreciable costs must be incurred to bring buyer and seller together and to inform their transactions. When borne by the seller, these are conventionally called selling costs.
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Scherer, F.M. (2018). Selling Costs. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1327
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DOI: https://doi.org/10.1057/978-1-349-95189-5_1327
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
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