If the Price Is So Low That Vendors Start to Run

question 80

Multiple Choice

If the price is so low that vendors start to run out of bottled orange juice, they might ration their remaining inventory among willing buyers by

• A)raising the price per bottle.
• B)lowering the price per bottle.
• C)closing early.
• D)creating a shortage.

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Definitions:

Financial Decline

A decrease in the value of an individual's, company's, or nation's financial wealth.

Widowed

The state of having lost one's spouse to death, which can affect an individual's social, emotional, and financial status.

Older Adults

Refers to individuals in the later stage of their life, typically aged 65 years and above, often focusing on retirement, health matters, and life satisfaction issues.

Percentage

A portion or fraction out of 100 that represents a part of a whole.