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Related to the Economics in Practice on P

Question 44

Multiple Choice

Related to the Economics in Practice on p. 716: By 2001, the majority of the fishing fleet in the Indian state of Kerala had mobile phones. As a result of the introduction of mobile phone service to this fishing industry, ________ increased and ________ decreased.


A) profits; consumer prices
B) consumer prices; productivity
C) consumer prices; competition
D) competition; profits

Correct Answer:

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