Equality means distributing society's resources in the most efficient manner

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Explain why insurance has been beneficial to markets

What will be an ideal response?

Economics

The practice of buying a firm's good in one market at a low price and selling it in another market for a higher price in order to profit from the price difference is known as

a. Predatory pricing b. Price collusion c. Arbitrage d. Mark-up pricing

Economics