PPP theory shows a direct relationship between a change in relative prices and a change in _____.
Fill in the blank(s) with the appropriate word(s).
Answer: exchange rates
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Imagine you have developed a device that can be used to tell whether uncooked meat has been irradiated. Several smaller retail chains have agreed to carry your product, but a large discount retailer has asked you to sell the device to it for a substantially lower price. What is the large discount retailer asking you to practise?
a. price discrimination b. channel control pricing c. unfair trade practices d. price fixing
The ________ is used for estimating the ________; the ________ is used for developing the ________
A) analysis sample; discriminant function; validation sample; classification matrix B) validation sample; discriminant function; analysis sample; classification matrix C) classification matrix; discriminant function; validation sample; analysis sample D) none of the above