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Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 3
A downward sloping demand curve means ___________.
A) you have to lower your price to sell more
B) demand falls as output rises
C) demand rises as output rises
D) total revenue declines as price is lowered
A) you have to lower your price to sell more
B) demand falls as output rises
C) demand rises as output rises
D) total revenue declines as price is lowered
Explanation
Verified
Verified
Therefore, options (b), (c) and (d) are ...
Economics 11th Edition by Stephen Slavin
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