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Author Question: Supermarkets will frequently not carry the products of food processors unless the processors pay ... (Read 107 times)

karateprodigy

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

D

Answer to Question 2

B


karateprodigy

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Reply 2 on: Jun 29, 2018
Wow, this really help

gcook

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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