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WHICH OF THE FOLLOWING STATEMENTS ABOUT MARKETS IS NOT TRUE? a. a marker is an impersonal mechanism b. markets coordinate the independent decisions of buyers

WHICH OF THE FOLLOWING STATEMENTS ABOUT MARKETS IS NOT TRUE?

a. a marker is an impersonal mechanism

b. markets coordinate the independent decisions of buyers and sellers

c. markets reduce the transaction costs of exchange

d. more specialized markets are generally found in urban areas

e. all markets provide the same amounts of imformation

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