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Falling prices for a product Question 8 Select one: A. create incentives for consumers to find cheaper substitutes. B. eliminate shortages. C. decrease quantity supplied
Falling prices for a product Question 8 Select one: A. create incentives for consumers to find cheaper substitutes. B. eliminate shortages. C. decrease quantity supplied of the product. D. create incentives for businesses to produce more. E. do all of the above
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Managerial Economics A Problem Solving Approach
Authors: Luke M. Froeb, Brian T. McCann, Mikhael Shor, Michael R. War
3rd edition
2901133951482, 1133951481, 978-1133951483
