The market for detergent soaps is more likely to suffer from a decrease in profits due to higher

bargaining power of buyers than the market for mobile phones.

Indicate whether the statement is true or false

TRUE

Business

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In time-and-material pricing, a material loading charge covers all of the following except

a) purchasing costs. b) related overhead. c) desired profit margin. d) all of these are covered.

Business

Adam Smith attacked the mercantilist view by suggesting that nations benefit most from free trade

Indicate whether the statement is true or false

Business