Firms that choose to use a fixed-price policy:
A.
Will tend to experience larger inventory changes than firms that follow a flexible-price policy
B.
Will tend to experience smaller inventory changes than firms that follow a flexible-price policy
C.
Find that their inventories do not respond to demand shocks
D.
Will not hold inventories
A.
Will tend to experience larger inventory changes than firms that follow a flexible-price policy
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A) 1.02% B) 2.29% C) 4.46% D) 9.78%