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If an Increase in the Price of Lemonade Results in People

Question 141

Multiple Choice

If an increase in the price of lemonade results in people with lemonade stands having more income, then it can be argued that the price increase


A) acted as an incentive.
B) resulted in a redistribution of income.
C) acted as a transfer price.
D) reduced competition.
E) acted a signal.

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