"I accept your offer. Please include the floating dock on the lake near the cabin," is an acceptance

Which of the following statements is true?

A) Companies are price-takers when their products are unique. B) Companies are price-setters for a product when there is intense competition. C) Companies are price-takers for a product when the pricing approach emphasizes cost-plus pricing. D) Companies are price-takers when they have little or no control over the prices of their products or services.

Any circulating money which has little real value relative to its monetary value is called:

a. credit money b. representative full-bodied money c. full-bodied money d. all of the above