In a market system, intermediaries in the exchange process are known as

A) producers.
B) consumers.
C) middlemen.
D) free agents.

Answer: C

Economics

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When players are in direct competition with one another, they should avoid using a pure strategy

Indicate whether the statement is true or false

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When people determine the quantity of education they will undertake, they ________ the external benefits. As a result, if education were left to an unregulated market, people would undertake too ________ education

A) overvalue; much B) ignore; much C) ignore; little D) overvalue; little

Economics