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All Sellers May Be Tempted to Raise the Price of What

Question 78

Multiple Choice

All sellers may be tempted to raise the price of what they sell,but a negative unintended effect for the seller of raising the price could be __________ in units sold that is large enough to __________ the seller's total revenue earned.


A) an increase; raise
B) an increase; lower
C) a decrease; raise
D) a decrease; lower

Correct Answer:

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