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Business, 26.09.2019 19:30 qxchung7310

Use the following two statements to answer this question:
i. a market is a collection of buyers and sellers that, through actual or potential interactions, determine the price for a product or set of products.
ii. an industry is a collection of markets for similar or closely related products.

a) i is false, and ii is true.
b) both i and ii are false.
c) both i and ii are true.
d) i is true, and ii is false.

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Answers: 2

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i. a market is a collection of buy...
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