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Tidy Tidy
wrote...
Posts: 4852
9 years ago
If a firm faces a downward-sloping demand curve,
A) the demand for its product must be inelastic.
B) it can control both price and quantity sold.
C) it must reduce its price to sell more units.
D) it will always make a profit.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 202 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
9 years ago
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Tidy Author
wrote...

9 years ago
Thanks
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
this is exactly what I needed
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