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Giselle Buys Doughnuts for Breakfast Once a Week

Question 15

Multiple Choice

Giselle buys doughnuts for breakfast once a week. The price of doughnuts falls, and the lower price induces her to buy doughnuts twice a week. This is an example of price functioning as


A) an incentive.
B) an advertisement.
C) a signal.
D) a bundle of information.

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