Which is the main problem with the barter system of exchange? Barter:
A. encourages self-interest and selfishness.
B. undermines the right to leave property to one's heirs.
C. requires a coincidence of wants.
D. fosters specialization and division of labor.
Answer: C
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Is collusion possible in monopolistic competition? Why or why not?
What will be an ideal response?
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a. True b. False Indicate whether the statement is true or false