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Related to the Economics in Practice on P

Question 40

Multiple Choice

Related to the Economics in Practice on p.722: By 2001,the majority of the fishing fleet in the Indian state of Kerala had mobile phones.As a result of the introduction of mobile phone service to this fishing industry,profits ________ and consumer prices ________.


A) rose; fell
B) fell; rose
C) rose; rose
D) fell; fell

Correct Answer:

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