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Exercise 2: Choose the correct term (20 points-5 points each) a. When the economy is in a recession, the demand increases/decreases so prices will increase/decrease

Exercise 2: Choose the correct term (20 points-5 points each) a. When the economy is in a recession, the demand increases/decreases so prices will increase/decrease as a result. b. If we consider Ikea's supply chain, the wood companies are considered as raw material providers/distributors. C. TSC is considered a full service/self-service retailer

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