_____________ is when the price of a good sold in different places tends toward the same level.
A)Price convergence
B)Factors of production
C)Foreign investment
D)Capitalist economy

Question

Quizplus · Accepted Answer

Price convergence refers to the phenomenon of prices of goods sold in different locations becoming more similar over time. This is often observed in global markets, where increased competition and access to information can lead to price parity. Factors of production, foreign investment, and capitalist economy are all related concepts but are not directly tied to price convergence.

_____________ Is When the Price of a Good Sold in Different