Suppliers Who Are Kept Out of the Market Generally Do

question 58

Multiple Choice

Suppliers who are kept out of the market generally do not retaliate because:

• A) government prevents them from organizing.
• B) they aren't hurt by the restriction.
• C) the costs of organizing are higher than those of demanders.
• D) the costs of organizing and lobbying exceed the expected gains.

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Definitions:

Moral Conduct

behavior that is considered to be in alignment with principles of right and wrong.

Written Communication

Information or messages exchanged between individuals or groups through written forms such as letters, emails, or reports.

Active Listening

The process of fully concentrating, understanding, responding, and remembering what is being said during communication.

Verbal Communication

The use of spoken words to convey a message or information.