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Please help!! Which option identifies how the amount paid for milk is set in the following scenario?

James is a dairy farmer who takes his milk to the milk distributor twice a week for sale to vendors.
O Markets determine the milk prices and James is paid based on market prices.
O Every month the vendors negotiate their price with James for his milk.
James seeks out the vendors who pay the most for milk and sells only to them.
O The government sets prices for commodities and James is paid based on that.

2 Answers

3 votes

Answer: Markets determine the milk prices and James is paid based on market prices.

Explanation: Got it right on Edg.

User Jamaul
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5.5k points
5 votes

Answer:

b

Step-by-step explanation:

User Adrian Martin
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