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Author Question: In order for money to be an effective medium of exchange, it is important to have it serve as a unit ... (Read 40 times)

misspop

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on: Jun 30, 2018
In order for money to be an effective medium of exchange, it is important to have it serve as a unit of account.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 4.6, which shows David's and Celeste's individual supply curves for flower arrangements per week. Assuming David and Celeste are the only producers in the market, if the market quantity supplied is 350, the price must be
 
  A) 10. B) 20. C) 30. D) 40.


janeli

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Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


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