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Author Question: What is a market exchange? What will be an ideal response?[br][br][b][color=#165FFA]Question ... (Read 26 times)

cherise1989

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on: Jul 10, 2018
What is a market exchange?
 
  What will be an ideal response?

Question 2

What forms can negative reciprocity take?
 
  What will be an ideal response?


lauravaras

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Reply #1 on: Jul 10, 2018
Answer to Question 1

It is a mode of distribution in which goods and services are bought and sold and their
value is determined by the principle of supply and demand.

Answer to Question 2

It includes hard bargaining, cheating, out-and-out theft.


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