To prove frauds, we need to show that <span>The innocent party relied on the wrongdoer's representation.
If the accused in fraud case represent true representation despite the negative effect that experienced by the accuser than the court will rule that the accuser just make a really bad business decision rather than being scammed.</span>
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Intelligent Question! keep it up!
Answer:
A. raise the price of the cinnamon rolls
Explanation:
The local bakery makes such great cinnamon rolls that consumers do not respond much at all to a change in the price. If the owner is only interested in increasing revenue, she should raise the price of the cinnamon rolls. Cinnamon roll is an inelastic good in the community thus an increase in its price will not reduce quantity demanded. The owner of the bakery should increase price.
