Multiple Choice
Which of the following statements is FALSE?
A) To sell more,a price setter must lower price.
B) A price taker must charge the market price.
C) If a price setter raises price,they will sell less.
D) A price taker's revenue will rise if they sell more.
E) Price setters can sell any quantity at any price.
Correct Answer:
Verified
Correct Answer:
Verified
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