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Eliminating Intermediaries Means That Prices to Consumers Decline Because the Tasks

question 159

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Eliminating intermediaries means that prices to consumers decline because the tasks performed by the intermediaries no longer need to be performed.


Definitions:

Hormones

Chemical substances produced by glands in the body that regulate the activity of cells or organs, essential for every activity of life.

Endocrine Glands

Glands that secrete hormones directly into the bloodstream, regulating processes like growth, metabolism, and mood.

Hormones

Chemical messengers produced by the endocrine glands that regulate various bodily functions by traveling through the bloodstream to tissues or organs.

Bloodstream

is the system of blood vessels within an organism through which the blood circulates, carrying oxygen, nutrients, and waste products to and from various tissues.

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