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Philippa Grows Lettuces Commercially

Question 30

Multiple Choice

Philippa grows lettuces commercially. This is a perfectly competitive business and Philippa faces a perfectly elastic demand curve. If she wants to try to increase revenues she should:


A) do nothing, there is nothing she can do to increase revenues
B) keep the price the same but produce more to increase sales
C) raise the price of her lettuces to make more per sale
D) lower the price of her lettuce to try to sell more

Correct Answer:

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