Sellers reserve price means | Faculties

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Mr. Dubey

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📊 Business Management

Q. Sellers reserve price means

(A) The seller refuses to sell the product till the minimum price (covering the cost of production) is offered
(B) Seller refuses to sell the product at any price
(C) Seller demands the price for whole of his product
(D) A price which includes economic profits

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✅ Correct Answer: (A) The seller refuses to sell the product till the minimum price (covering the cost of production) is offered

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