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Middlemen Are Individuals Who

Question 23

Multiple Choice

Middlemen are individuals who


A) add to the buyer's expense without performing a useful function.
B) add to the seller's cost without performing a useful function.
C) provide services that reduce the cost of transactions and help achieve additional gains from trade.
D) act as a middle person between the top management of a business firm and the hourly employees who actually produce the goods and services.

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