Suppose that the market price for hot dogs sold by street vendors has just risen from $4.50 to $5, and that Curly has now begun operating a hot dog cart. We can assume that:

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Suppose that the market price for hot dogs sold by street vendors has just risen from $4.50 to $5, and that Curly has now begun operating a hot dog cart. We can assume that:

A.Curly’s reservation price is $5.00 or more.

B.Curly’s reservation price is exactly $5.

C.Curly’s reservation price is exactly $4.50.

D.Curly’s reservation price is greater than $4.50 but no more than $5.

正确答案:Curly’s reservation price is greater than $4.50 but no more than $5.

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