The law of one price
A) says that the supply and demand of a product must not alter its price.
B) says that if a retailer puts an item on sale,all other retailers must match that price.
C) says that identical products should sell for the same price in all countries.
D) is a principle suggested by Canadian economists that means that all identical products in a given economy should be sold for the same price.
E) is the principle that to be competitive,a company must offer its product at only one price; that is,it should not negotiate with customers about the price.
Correct Answer:
Verified
Q103: The United Nations agency that provides only
Q104: Which is not a purpose of the
Q105: Some members of the Palau government want
Q106: A government may _ its currency to
Q108: One function of investment dealers is to
A)
Q110: According to the Big Mac index,
A) Big
Q111: According to the Big Mac index,in 2012
Q112: Which of the following is not a
Q113: Which of the following statements is true
Q118: Which of the following would not be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents