Identify whether the given statement is true or false.

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Chapter 5, Problem 8CQ

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Identify whether the given statement is true or false.

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Unless quality and price are regulated by government, travelers would have no chance for a fair deal. Local people would be treated well, but the traveler would have no way to know, for example, who offers a good night's lodging at a fair price." Is this true or false? Explain.

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