ECON 301 FINAL: Wednesday 5th May 2004

You could charge both groups of buyers the same price for the machinery, but you know that you could increase total sales revenue by charging the domestic buyers a _____ price and charging the foreign customers a _____ price. A) higher, higher. B) higher, lower. C) lower, higher. D) lower, lower. Answer: B. Diff: 2. Section: 4.3 ................
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