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Which of the following is NOT a way consumers have used trust to facilitate exchange? O placing trust in the trustee puts the trustor at
Which of the following is NOT a way consumers have used trust to facilitate exchange? O placing trust in the trustee puts the trustor at risk 0 the trustor makes a deal with the trustee and is condent he will be given a cost 0 both trustor and the trustee are made better off from the transaction compared to outcome where the trustor had not entrusted the trustee. 6) relative to the set of possible actions, the trustees' decision benets the trustor at a cost to the trustee The goal of consumer theory is to understand and predict consumer behavior. (Q) True 0 False Measured income is equal to the sum of permanent income and transitory income. 0 True :3) False Which of the following cannot fix underproduction in the presence of positive externality. O Tax O Subsidy
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