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If the Price of Tuna Fish Increases from 50 Cents

Question 195

Multiple Choice

If the price of tuna fish increases from 50 cents to 60 cents per can and the quantity demanded decreases from 100 cans to 50 cans, then the tuna fish producer could increase its total revenue by


A) lowering price.
B) decreasing quantity supplied.
C) leaving price the same.
D) raising price.
E) decreasing supply.

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