Multiple Choice
If the demand for the Ford Mustang increases,we would expect Ford to
A) keep the price of Mustangs constant, regardless of the cost or benefit of a price change.
B) increase the price of Mustangs to keep pace with the increase in demand.
C) increase the price of Mustangs only if the benefit of a price increase outweighs the cost.
D) decrease the price of Mustangs to maintain the increase in demand.
Correct Answer:

Verified
Correct Answer:
Verified
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