Question: 7:40 PM Sun Jun 25 . . . @ 78% Question Completion Status: Help QUESTION 13 Dropping the price from 50# to 254 causes a

 7:40 PM Sun Jun 25 . . . @ 78% Question
Completion Status: Help QUESTION 13 Dropping the price from 50# to 254

7:40 PM Sun Jun 25 . . . @ 78% Question Completion Status: Help QUESTION 13 Dropping the price from 50# to 254 causes a movement along the demand curve shift of the demand curve 10 points Saved QUESTION 14 If Pauline and John John did not have a posted price then they could charge Adrian (lover boy) a higher price for the one drink that he did buy for "Gorgeous" they would have to give the lemonade away for free O they could charge a higher price in the market that is inelastic and a lower price in the market that is elastic in order to maximize revenue they could practice price discrimination they would be in violation of New York City street vending regulations 10 points Saved QUESTION 15 The lemonade entrepreneurs, Pauline and John John, earned a negative accounting profit or incurred an accounting loss. True False Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit

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