Author Question: An economy without money would have no exchanges of goods and services. Indicate whether the ... (Read 39 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?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library