Consider a world without markets. a. Why is money not necessary in this world? b. Does specialization
Question:
Consider a world without markets.
a. Why is money not necessary in this world?
b. Does specialization exist in this world? Explain.
c. Is exchange a feature of this world and, if so, what role do you think bargaining plays between the parties to any exchange?
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a Why is money not necessary in this world In a world without markets where goods and services are n...View the full answer
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