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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
If a pizza seller reduces its prices, the price cut will
A) have no effect on the demand for competing sellers' pizza.
B) increase the seller's gross revenue.
C) increase the seller's net revenue.
D) shift the seller's demand curve if competing pizza sellers match the price decreases.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 286 times
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SmooothSmoooth
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Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
You're welcome Happy Dummy
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