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Commerce · Q773

Economics

Graduate and Post Graduate · Commerce · question 773

Q773

If price does not cover even the variable cost, the seller would-

A.
sell at a loss, even if commodity is non-perishable
B.
the seller would incur high expenditure on advertisement
C.
would seek subsidies from the government
D.
would convert the supplies back to stock and wait for price to rise
Answer

Answer: Option D

Solution

Answer: Option D
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