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    Managerial Economics and Business Strategy Study Set 1
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    Exam 12: The Economics of Information
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    A Consumer Spends Less Time Searching for a Good When
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A Consumer Spends Less Time Searching for a Good When

Question 21

Question 21

Multiple Choice

A consumer spends less time searching for a good when her reservation price is:


A) increased.
B) reduced.
C) fixed.
D) None of the answers are correct.

Correct Answer:

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