If the Time an Offer Remains Open Is Not Specified,it

question 133

True/False

If the time an offer remains open is not specified,it remains open until revoked by the offeror.

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Definitions:

Product

Any item or service that is created through a process and is offered for sale to consumers.

Resources

Inputs used in the production of goods and services, such as labor, capital, land, and technology.

Prices

The monetary values attached to goods, services, or resources, determined by factors like supply, demand, production cost, and market conditions.

Price of Paper

The cost at which paper is sold, influenced by factors like demand, supply, production costs, and market conditions.