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Author Question: Supermarkets will frequently not carry the products of food processors unless the processors pay ... (Read 50 times)

karateprodigy

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Supermarkets will frequently not carry the products of food processors unless the processors pay fees to the supermarkets because
 
  A) supermarkets are cartels.
  B) supermarkets often dominate the geographic areas in which they sell.
  C) supermarkets stand between the food processors and the ultimate consumers.
  D) supermarket shelves are scarce goods.
  E) supermarkets typically have more bargaining power than food processors.

Question 2

When an outcome is ________, social surplus is ________.
 
  A) Pareto inefficient; maximized
  B) Pareto efficient; maximized
  C) Pareto efficient; minimized
  D) Pareto inefficient; minimized



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akpaschal

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Answer to Question 1

D

Answer to Question 2

B




karateprodigy

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


Chelseyj.hasty

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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