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A Profit-Maximizing Price Rises to the Point at Which Further

Question 3

Multiple Choice

A profit-maximizing price rises to the point at which further:


A) increases will cause proportionate decreases in the number of units sold.
B) decreases will cause disproportionate decreases in the number of units sold.
C) increases will cause disproportionate decreases in the number of units sold.
D) increases will cause disproportionate increases in the number of units sold.

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