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Laverna bought cucumbers for 50 cents each, pickled them, and sold jars to friends. She got orders ...

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Laverna bought cucumbers for 50 cents each, pickled them, and sold jars to friends. She got orders ...

Laverna bought cucumbers for 50 cents each, pickled them, and sold jars to friends. She got orders for 100 jars and negotiated with the grocery to get cucumbers at 35 cents. In two months, she was filling web orders and buying cucumbers from the distributor for 12 cents each. How does this impact Laverna's price for cucumbers?
A) the basic right to compete
B) monopolistic competition
C) perfect competition
D) economies of scale
E) consumer sovereignty

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Business: A Practical Introduction

Edition: 1^st

Authors: Williams, Sawyer, Berston

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