Question: 1 (1 point) Saved A firm with a highly elastic demand for its products ___________________________. Question 1 options: will be able to raise prices following

1 (1 point) Saved A firm with a highly elastic demand for its products ___________________________. Question 1 options: will be able to raise prices following unfavourable changes in the exchange rate without significantly lowering the quantity sold can easily pass increased costs on to consumers will sell about the same amount of product regardless of price will be unable to pass increased costs following unfavourable changes in the exchange rate without significantly lowering the quantity sold

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