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(1) If You Raise Prices Even a Little, Fewer People

Question 7

Multiple Choice

(1) If you raise prices even a little, fewer people will buy your product.(2) If fewer people buy your product, your scale of production will become smaller.(3) If your scale becomes smaller, you won't be able to pay the same low bulk prices for sup-plies that you get now, and (4) if you pay higher prices for your supplies, your costs will go up.(5) If that happens, your profits will go down."
What is the conclusion of this passage?


A) (1)
B) (2)
C) (5)
D) There is no stated conclusion

Correct Answer:

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