At the economic order quantity, holding costs are equal to product costs

Among the reasons for the existence of gray markets are:

A. a company's price-discount policy B. differential currency exchange rates across countries C. differential cost structures across retailers D. highly selective distribution E. all of the above

Police power permits states and local governments to enact laws to protect or promote the public health, safety, morals, and general welfare

Indicate whether the statement is true or false