In a Market System, Intermediaries in the Exchange Process Are

question 7

Multiple Choice

In a market system, intermediaries in the exchange process are known as

• A) producers.
• B) consumers.
• C) middlemen.
• D) free agents.

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Definitions:

Incentive

A motivational factor that encourages or induces someone to act in a certain way.

Innate Talent

Natural abilities or aptitudes that an individual is born with, not acquired through learning or practice.

MRI

Magnetic Resonance Imaging, a technique used in radiology to form pictures of the anatomy and the physiological processes of the body.

Prefrontal Cortex

An area at the very front of the brain associated with complex cognitive behavior, decision making, and moderating social behavior.