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    Managerial Economics Study Set 1
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    Exam 11: More Realistic and Complex Pricing
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    If Advertising Makes Demand of a Product Less Elastic,it Makes
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If Advertising Makes Demand of a Product Less Elastic,it Makes

Question 29

Question 29

Multiple Choice

If advertising makes demand of a product less elastic,it makes sense for a firm to​


A) ​Decrease the price of the product
B) Increase the price of the product
C) Leave the price unchanged
D) ​None of the above

Correct Answer:

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