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Mark wants to sell his condo.

Jack and Nick are two prospective buyers. Jack is willing to pay t...

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Mark wants to sell his condo.

Jack and Nick are two prospective buyers.
Jack is willing to pay the amount quoted by Mark, while Nick is unable to pay such a high price for the condo.
Because Jack is able to pay the asking price, Mark sells his condo to Jack.
In which type of economy does this transaction take place?

Answer

market economy i think hope this helps :)

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 61 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 125 views.

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