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When a Manufacturer Quotes the Same Price for the Same

question 5

Multiple Choice

When a manufacturer quotes the same price for the same merchandise to buyers in Cleveland,Ohio; Los Angeles,California; and Orlando,Florida the manufacturer is probably quoting the retailers a _____ price.


Definitions:

Main Street

Symbolically represents the average or typical American city or town, especially in the context of small business and community values.

Middle-Class Bigotry

Prejudice and narrow-mindedness often found within the middle socioeconomic class, usually towards those of different social classes, races, or cultures.

Capitalism

An economic system characterized by private or corporate ownership of goods and services, and where production, distribution, and prices are determined mainly by competition in a free market.

Mega-Church

Refers to a very large Christian congregation, often associated with evangelical Protestantism, characterized by thousands of members and a wide range of social and community services.

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