Multiple Choice
Ceteris paribus, which of the following statements describes a market when transportation costs are high relative to selling prices?
A) There are numerous markets that are geographically limited.
B) There are few markets that are geographically limited.
C) There are numerous markets that are global in scope.
D) There are few markets that are global in scope.
Correct Answer:
Verified
Correct Answer:
Verified
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