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[ 1 7 ] Suppose a business produces a product for which the demand is perfectly inelastic everywhere on the demand curve. Accordingly, interested in
Suppose a business produces a product for which the demand is perfectly inelastic everywhere on
the demand curve. Accordingly, interested in increasing its profit, this firm should:
A decrease its price.
B set its price equal to zero.
C increase its price.
D none of the above.
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