Consider Figure 8.9. David chooses to charge a low price:
A. only if Becky chooses a high price.
B. only if Becky chooses a low price.
C. regardless of whether Becky chooses a high or low price.
D. in order to induce Becky to choose a high price.
Answer: C
Economics
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Economics
Consumption reflects _____
Fill in the blank(s) with the appropriate word(s).
Economics