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Exhibit 39-9 -Refer to Exhibit 39-9.Under a Target Price System,with the Target

Question 14

Multiple Choice

Exhibit 39-9
Exhibit 39-9 -Refer to Exhibit 39-9.Under a target price system,with the target price set at P<sub>1</sub>,the price at which consumers will buy the food item is A) P<sub>1</sub>. B) P<sub>2</sub>. C) P<sub>3</sub>. D) P<sub>4</sub>. E) There is not enough information to answer the question.
-Refer to Exhibit 39-9.Under a target price system,with the target price set at P1,the price at which consumers will buy the food item is


A) P1.
B) P2.
C) P3.
D) P4.
E) There is not enough information to answer the question.

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