When conducting business in a market of comparative advantage, trading partners will realize:
A. higher prices
B. decreased demand for products
C. economies of scale
Ans: economies of scale.
Business
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If property in held by two or more owners as joint tenants with rights of survivorship, the ownership interest of a decreased owner will be passed to the:
A. Heirs of the deceased owner. B. Surviving owner or owners. C. State under the law of escheat. D. Deceased owner's trust.
Business
Creative selling involves developing new customers and maintaining old ones by investing a considerable amount of time in understanding buyers' needs and wants
Indicate whether the statement is true or false
Business