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What are the reasons for sticky prices'? Group of answer choices A. One influence is labor unions in which prices are not adjusted downward to
What are the reasons for "sticky prices'?
Group of answer choices
A. One influence is labor unions in which prices are not adjusted downward to compensate for an economic downturn.
B. Menu Shock, in which there are sometimes significant expense involved in continually changing prices for goods and services
C. Long term purchase agreements.
D. ALL of the above are factors.
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