Author Question: An economy without money would have no exchanges of goods and services. Indicate whether the ... (Read 40 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
An economy without money would have no exchanges of goods and services.
 
  Indicate whether the statement is true or false

Question 2

Most supermarkets charge the same price for the majority of goods sold. This suggest that
 
  A) the large supermarket chains are price leaders and smaller grocers take these prices as given.
  B) mark-ups reflect the degree of competition in the supermarket industry.
  C) supermarkets have colluded to fix prices on most of the goods sold.
  D) the government regulates prices of most products sold in supermarkets.


dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

FALSE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

For a complete list of videos, visit our video library