In an economy that relies on barter, trade requires a double-coincidence of wants
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
In a monopolistically competitive industry
A) firms can make an economic profit in the long run because of barriers to entry. B) the firms can never make an economic profit. C) if firms are making an economic profit, new firms enter the industry. D) firms can make an economic profit in the long run because of product differentiation.
Economics
Which antitrust law is sometimes called the "Chain Store Act"?
A) Sherman Act B) Clayton Act C) Robinson-Patman Act D) Federal Trade Act
Economics