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If LLBean Decides to Increase Its Prices Due to General Inflation

Question 47

Multiple Choice

If L.L.Bean decides to increase its prices due to general inflation, it must reprint the millions of catalogs it has already produced and distributed. The costs associated with recreating these catalogs would be classified as:


A) menu costs.
B) shoe-leather costs.
C) tax distortions.
D) printing costs.

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