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5.02 Section Quiz

QuestionAnswer
A major characteristic of a market economy is which type of ownership on property? D: Private
Which is a problem associated with communist command economies? A: There is no competition
When manufacturers give back part of the purchase price of an item to the customer, the manufacturers are engaged in: D: Offering Rebates
A vendor is extending credit to the Jones company in return for the Jones Company's agreement to use the vendor as the sole source of its supplies. What federal act is the vendor and the Jones company violating? B: Clayton Act
Created by: drakon0130