Cutting Out Intermediaries Is Always a Guarantee of Saving Consumers

question 38

True/False

Cutting out intermediaries is always a guarantee of saving consumers' money.

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Definitions:

Marginal Analysis

An economic approach that involves comparing the additional benefits of an activity to its additional costs.

Marginal Analysis

Marginal analysis is the examination of the benefits and costs of an incremental change in the production or consumption of goods or services.

Coupon

A promotional tool in the form of a voucher that offers a discount or rebate on the purchase of a product or service.

Marginal Analysis

Marginal Analysis is an assessment method used to evaluate the impact of a small change in production levels or economic activity, focusing on the cost and benefit of making that change.