6. exchange rates determind by ?
a. the presence or absence of trade barriers
b. banks, labor unions, and non-profit organizations
c. the relative scarity of a good or service
d. market prices of one country's currancy in another country's currancy
7. a small town has one pizza place. it charges $15 for a large one-topping pizza. one spring, a new pizza place opens. the original pizza place changes its price. what is most likely the new pizza place?
a. $12
b. $16
c. $18
d. $20
8. which of these is an example of price competition?
a. a new advertising campaign
b. a loyalty rewards program
c. a special holiday sale
d. a customer satisfaction survey