Jim is haggling with a car dealer on the price of a used car. If the dealer is getting a bonus per sale made, in addition to the commission, Jim is more likely to be able to

a. Get the car cheap
b. Pay a higher price for the car
c. Walk away from the deal
d. All of the above


a

Economics

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To draw the consumption possibilities curve for a particular nation you need to know the output of the good for which the nation has a comparative advantage and the terms of trade

Indicate whether the statement is true or false

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If a monopoly charges higher prices to consumers who buy smaller quantities than to consumers who buy larger quantities, then

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Economics