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Why does price stickiness moderate over time? Multiple choice question. Firms that choose a fixed-price policy in the short run have to stick with that
Why does price stickiness moderate over time? Multiple choice question. Firms that choose a fixed-price policy in the short run have to stick with that policy in the long run. Firms that choose a fixed-price policy in the short run do not have to stick with that policy in the long run. If unexpected changes in demand seem permanent, businesses will maintain constant prices
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