{"p":"can-20","op":"mint","tick":"can","amt":"1000","rows":[{"df":"qa","content":[{"q":"What are transaction costs?","a":"Transaction costs, also known as transaction fees, are a concept proposed by Nobel Prize-winning economist Coase (R.H. Coase, 1937). It refers to the various costs incurred by both parties involved in a transaction before and after the buying and selling process. These costs include the costs of disseminating information, advertising, transportation related to the market, negotiation, consultation, contracting, and supervising the execution of contracts. The fundamental argument of transaction costs is to explain the nature of enterprises, which arise from the operation of specialization and market price mechanisms in the economic system; however, using the price mechanism of the market."}]}],"pr":"9da1d28b7ac7e79e08ccba9ce92721acbe0632b4ce874bd95c616a7a9642764f"}