All of the following are examples of conditional sales except which one?
A) territorial confinement
B) tying arrangements
C) exclusive dealing
D) price discrimination
D) price discrimination
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CPI refers to
a. the cost of producing a market basket of goods. b. the price of a market basket of goods. c. the Consumer Price Index. d. both the price of a market basket of goods and the Consumer Price Index.
Traditional economies tend to be
a. unstable and unpredictable b. stable, predictable, and growing c. unstable, unpredictable, and stagnant d. unstable and unpredictable, but growing e. stable and predictable, but stagnant
The law of comparative advantage applies to exchange between
a. individuals. b. regions. c. nations. d. all of the above.
Variations in the standard of living across countries is due almost entirely to differences in each nation's total output of goods and services
a. True b. False Indicate whether the statement is true or false