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Manufacturers of Printers and Computers Set Prices Independently

Question 34

Multiple Choice

Manufacturers of printers and computers set prices independently.This means that they


A) use capital-intensive means of production.
B) use division of labor and specialization in production.
C) do not consider the effect of the prices on the demand for the products.
D) do not consider the negative effect that the high prices have on each other's profit.

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