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Basic Question 4 of 4

Which of the following is most likely a reason for a product's demand to be negatively affected by an increase in price?

A. Inflation
B. Price elasticity of demand
C. Exporting

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

explain how to forecast industry and company sales and costs when they are subject to price inflation or deflation

CFA® 2024 Level I Curriculum, Volume 3, Module 12.