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Randall Newman Distributes Rawhide to Several Different Homes

Question 59

Multiple Choice

Randall Newman distributes rawhide to several different homes.In turn, each household produces a product such as satchels, belts, shoes, and boots, and then Randall sells the finished goods.This represents a(n)


A) oligopoly.
B) domestic system.
C) system of specialisation.
D) factory system.
E) barter system.

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