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If the Market for a Product Improves with Increases in Both

Question 21

Multiple Choice

If the market for a product improves with increases in both the market demand and the price, then the reaction of companies in that market:


A) will be identical.
B) will depend on the ability of the firm's economists to accurately estimate the supply and demand curve.
C) will depend on whether or not the organization is attuned to market incentives.
D) is dependent on the government regulatory mission.

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