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A group of real estate agents in the town of Oakdell have formed the Independent Real Estate Authority. At their first meeting, they decide unanimously that, in order to remain competitive, they should lower their commission rates to 4% of the purchase price on sales transactions. This action is

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A group of real estate agents in the town of Oakdell have formed the Independent Real Estate Authority. At their first meeting, they decide unanimously that, in order to remain competitive, they should lower their commission rates to 4% of the purchase price on sales transactions. This action is






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