Explain the selling of ticket at a lower price and a higher price.

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Senator Ernest Hollings once wrote that "consumers do not benefit from lower-priced imports. Glance through some mail-order catalogs and you'll see that consumers pay exactly the same price for clothing whether it is U.S.-made or imported."Is the statement that the Senator made a true statement or a false statement? True False

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Chapter 2, Problem 12CQ

To determine

Explain the selling of ticket at a lower price and a higher price.

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