Multiple Choice
Based on sales history, a retailer calculates that EY for frozen pizza is -0.8. Now, due to a recession, incomes in the market area are down 10%. Based on the given information, it can be estimated that frozen pizza sales will
A) increase by 8%.
B) decrease by 8%.
C) increase by 80%.
D) decrease by 80%.
Correct Answer:
Verified
Correct Answer:
Verified
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