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Recall the Application About the Market for Meteorites to Answer

Question 96

Multiple Choice

Recall the Application about the market for meteorites to answer the following question(s) .
-According to the Application, the market price of meteorites varies from a few dollars per gram to hundreds of dollars per gram. In a market system like the market for meteorites, prices vary due to


A) government intervention in the pricing of the products.
B) the lack of accounting rules in this market.
C) the relative scarcity, or rarity, of the product.
D) outsourcing.

Correct Answer:

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