EBK EXPLORING ECONOMICS
EBK EXPLORING ECONOMICS
7th Edition
ISBN: 9780100544772
Author: Sexton
Publisher: YUZU
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Chapter 15, Problem 7P
To determine

(a)

To explain:

The change in the market of diamonds, if the new mine does not cooperate with the Central Selling Organization.

To determine

(b)

To explain:

The effect on the Central Selling Organization diamond advertising if the new mines outside the direct control of the Central Selling Organization want to sell their diamonds in the open market.

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