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We observe that both the price and quantity sold of golf balls are rising over time. This due to: Select one: Decreases in membership fees

  1. We observe that both the price and quantity sold of golf balls are rising over time. This due to:

Select one:

  1. Decreases in membership fees for country clubs with golf facilities
  2. More stringent professional requirements on the quality of golf balls requiring producers to use more expensive raw materials.
  3. Increases in the price of golf clubs over time
  4. Continual improvements in the technology used to produce golf balls.

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