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The Book Nook Reduces Prices by 20

Question 78

Multiple Choice

The Book Nook reduces prices by 20%. If the dollar value of The Book Nook's sales remain constant, it indicates that:


A) ​the quantity of books sold remains constant.
B) ​the demand curve is horizontal.
C) ​the demand curve is vertical.
D) ​the quantity of books sold increases by 20%.

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