Question

Which of the following is an example of search costs? (1 point) paying a premium cost for goods buying goods in some special way that is outside the normal channels driving to a faraway place to find available goods selling extra goods for a discount price

Answer 1

driving to a faraway place to find available goods

Step-by-step explanation:

Search costs are the financial and opportunity costs consumers pay in searching for a good or service. An example of a search cost is the time you spend taking multiple trips to different stores to try to find the particular good you want.

Answer 2

I think the correct answer would be driving to a faraway place to find available goods. Consumers will always search for several options of a certain products may it be for a  better quality or better selling price. Search costs are costs associated with finding these alternatives.