Question

At a price of INR 444.95, a pulp fiction novel is expected to sell 9,000 copies. If the novel is offered for sale at a price of INR 333.95, then the publisher can expect to sell

• A. less than 9,000 copies
• B. 9,000 copies
• C. more than 9,000 copies
• D. It is impossible to predict the effect of a lower price on sales

Answer 1

The correct option is C

more than 9,000 copies

When the price falls, demand rises.