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At the end of Year 1 GreyCo developed a plan based on a new business strategy. Specifically, the Company planned to move its store to

At the end of Year 1 GreyCo developed a plan based on a new business strategy. Specifically, the Company planned to move its store to a more expensive location and then to raise its prices to cover the ad cost. Assume that cost of goods sold per unit did not change. Based on this information, the company search R F L Multiple Choice G B was able to raise its prices. was unable to raise its prices. the increase in the gross margin was due solely to the fact that GreyCo sold more products. The answer cannot be determined from the information provided. II H N ,C F6 M O K V Fo < Prev F10 Shift F11 S 78 of 8 Enitar CRUA F12 Backspace Ctri www Next > Insert Delete DELL Home Enid Page Up Page Down Num Lock 7 Home Print Screen SysPiq 004 S N 73F Haze Scroll Lock 9 Pgup

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