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In an Attempt to Raise Sales, Hannah Cut Prices in Her

Question 242

Multiple Choice

In an attempt to raise sales, Hannah cut prices in her bookstore by 20 percent.If the dollar value of her sales remained constant, that indicates


A) old customers bought no more books.
B) no new customers bought books.
C) the quantity of books sold increased 20 percent.
D) the demand curve is vertical.

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