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Author Question: Economic value of a transaction where the buyer is allowed to deal with several sellers at the same ... (Read 55 times)

Coya19@aol.com

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on: Jun 30, 2018
Economic value of a transaction where the buyer is allowed to deal with several sellers at the same time will always be higher than a transaction which ties the buyer to a particular seller by contract.
  Indicate whether the statement is true or false

Question 2

To an economist, the word 'marginal' means:
 A) total.
  B) average.
  C) next or additional.
  D) sunk.
  E) none of these choices.


Silverbeard98

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

F

Answer to Question 2

C


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