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Explain the valid concept in a money-based trading system

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There are posed several variations of the word profit but noted that in a barter situation, profit is gained by both parties involved in the exchange. Do you agree or disagree that equality of profit is also a valid concept in a money-based trading system? What implications does this have for consumers who seek to purchase hospitality products and services as well as for those hospitality professionals responsible for establishing prices?

Reference no: EM133116353

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