Milk is considered a commodity because it is which of the following? A. bought in many different ways B. an inexpensive product C. the same no matter who sells it D. an agricultural product

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Milk is considered a commodity because it is: the same no matter who sells it.

Expert answered|Heather71|Points 1380|

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Asked 10/15/2009 8:33:08 PM

Updated 12/31/2019 11:12:03 AM

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Edited by anthony23 [12/31/2019 11:11:39 AM], Confirmed by anthony23 [12/31/2019 11:12:03 AM]

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An agreement among members of an oligopoly to set prices and production levels is called A) price leadership. B) competition. C) collusion. D) imperfect monopoly.

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Updated 7/13/2018 2:18:36 PM

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Masamune

An agreement among members of an oligopoly to set prices and production levels is called collusion.

Added 7/13/2018 2:18:36 PM

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To create a market supply schedule, an economist needs to know the total output of all suppliers in a given market. True or false.

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emdjay23

To create a market supply schedule, an economist needs to know the total output of all suppliers in a given market. TRUE.

Added 8/30/2018 1:34:30 AM

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a cartel is able to survive only if?A)government regulations permit it.B)every member kepps to the agreed output levels.C)members are scrupulous about where they sell goods.D)members use advertising to differentiate their goods.

Weegy: B) but can also be C) in certain situations (More)

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Updated 70 days ago|1/19/2023 6:59:18 PM

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MichellDonovan

A cartel is able to survive only if: Every member keeps to the agreed output levels.

Added 70 days ago|1/19/2023 6:59:18 PM

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the purpose of bothh deregulation and antitrust laws is to?A) promote competition.B)promote government control.C)prevent inefficient commerce.D) prevent monopolies.

Weegy: b User: money that can be easily divided into smaller units of value hs the characteristic of?A) divisibility.B)denominations.C)exchange.D)durability. (More)

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Updated 2/13/2018 6:36:49 AM

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jeifunk

The purpose of both deregulation and antitrust laws is to promote competition.

Added 2/13/2018 6:35:14 AM

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jeifunk

Money that can be easily divided into smaller units of value hs the characteristic of divisibility.

Added 2/13/2018 6:36:49 AM

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what is golld standard?A)a system that uses actual gold coins as a country's money.B)asystem in which a counrty's money is backed with gold.C)a currency system in which each dollar is worth 1/20 of a pound of gold.D)a money system in which the paper currency is good in more than one country.

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Updated 7/19/2016 4:23:14 AM

1 Answer/Comment

sacha

The gold standard is a system in which a country’s money is backed with gold.

Added 7/19/2016 4:23:14 AM

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Confirmed by jeifunk [7/19/2016 10:22:43 AM]

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