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    Price Theory and Applications
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    Exam 5: The Behavior of Firms
  5. Question
    When the Price of Fabric Falls,it Does Not Benefit a Clothing
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When the Price of Fabric Falls,it Does Not Benefit a Clothing

Question 68

Question 68

True/False

When the price of fabric falls,it does not benefit a clothing manufacturer to lower its prices since that will only reduce its profit margin.

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