结论是：只要竞争存在，交易或制度费用一定存在。

The upshot is that so long as competition exists, transaction/institution costs must also exist.

youdao

我认为应该称为制度费用才对，即是只有社会才能出现的费用。

I prefer to use the term institution costs, or costs that exist only in a society.

youdao

其一，土地的租值会上升而交易或制度费用会下降——这下降是减下去，在我们的例子中是租值代替了交易费用。

First, land rents would rise and transaction/institution costs would fall –– this fall represents a deduction, and in our example it is the former partially replacing the latter.

youdao