Which Determines Whether a Company Will Earn Higher Revenues When

question 34

Multiple Choice

Which determines whether a company will earn higher revenues when it raises its price?

• A)The cost of the inputs.
• B)Government regulation of the industry.
• C)Consumer demand.
• D)Companies always earn higher revenues when they increase price.

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Definitions:

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A pioneering figure in psychology known for establishing the behaviorist school of thought.

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