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Suppose that the demand for my new book, Spatulas From Around the World, is such that the demand curve lies everywhere below the average variable cost of producing it. To maximize profits or minimize losses, I should:.a. raise price.
b. lower price to increase demand.
c. shut down the presses printing her book.
d. lower price until demand is inelastic.
e. charge the highest price she can.
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Suppose that the demand for my new book, Spatulas From Around the World, is such that the demand cur...
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