When Three Buyers Purchase the Products of Three Producers, Nine

question 33

Multiple Choice

When three buyers purchase the products of three producers, nine transactions are required. If one intermediary serves both producers and buyers, the number of possible transactions is

• A)fifteen.
• B)five.
• C)eighteen.
• D)six.
• E)twenty.

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Definitions:

Urban

Pertaining to or characteristic of a city or town.

Suburban Americans

Refers to the demographic group residing in suburban areas, often characterized by a lifestyle distinct from that in urban or rural settings.

Intolerant

Showing an unwillingness or inability to accept different opinions, beliefs, or behaviors.

Racist Zealots

Individuals with an extreme and fanatical belief in racial superiority, often leading to discriminatory and hateful behavior towards other races.