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5 Pts A product is wild under perfect competition Asmme regular demand acid upply cun, The on men spend s fied Hour of 100 NES

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5 Pts A product is wild under perfect competition Asmme regular demand acid upply cun, The on men spend s fied Hour of 100 NES on the product regardless of its price. Price at equilibrium palm in 10 7- Now We mmmmmm decided to double the fisell amerind they are willing to spend on the product. In the me's equilinemu punk ANSWERS a the quantity will increase by less than 2 lungs b the product price has doubled C answers B and Care correct, d producers revenue will double BACK TO THE INTRO SUBMIT EXAM 4:05 ENG 24/06/2024 U

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