Multiple Choice
Aree has a smoothie business. The average price of smoothies in her city rises, and this encourages Aree to increase the price and the quantity that she produces. Her response to the price increase is an example of price functioning as
A) a bundle of information.
B) an incentive.
C) a reflex.
D) a signal.
Correct Answer:
Verified
Correct Answer:
Verified
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