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Recall the Application About Low-Price Guarantees and the Prices of Tires

Question 22

Multiple Choice

Recall the Application about low-price guarantees and the prices of tires to answer the following question(s) .
-Recall the Application.A study of the retail tire market suggests that prices are generally ________ in markets where firms offer low-price guarantees.


A) higher
B) lower
C) the same
D) unfair

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