Question
If the market price increases, a firm will: A) Expand production. B) Decrease production. C) Price does not affect how much a firm produces.
A) Expand production.
B) Decrease production.
C) Price does not affect how much a firm produces.
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Get StartedRecommended Textbook for
Intermediate Microeconomics and Its Application
Authors: walter nicholson, christopher snyder
11th edition
9781111784300, 324599102, 1111784302, 978-0324599107
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