Sam charged 50 cents for an 8-ounce cup of lemonade and, Ask an Expert

Economics

Suppose that the first week of summer, Jenny charged 25 cents for an 8-ounce cup of lemonade, her next-door neighbor Sam charged 50 cents for an 8-ounce cup of lemonade, and Alex across the street charged 15 cents for an 8-ounce cup of lemonade. What is most likely to happen?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M945716

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