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