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Author Question: An economy without money would have no exchanges of goods and services. Indicate whether the ... (Read 69 times)

anshika

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on: Jun 29, 2018
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.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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dellikani2015

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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