Business, 03.06.2021 01:00 alyssamiller401
Mimi is granted a license to sell her unique Spirit Pins at local high school lacrosse games. When Mimi prices her pins at $10, she sells 20 pins per game. When she lowers her price to $8, she sells 40 pins. The additional money she earns from dropping her price is known as the .
a. Output effect
b. Price effect
c. Marginal revenue
d. Opportunity cost
Answers: 3
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Mimi is granted a license to sell her unique Spirit Pins at local high school lacrosse games. When M...
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