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f the price level rises in the short run, which of the following will result? Multiple choice question. Firms' revenues and profits will increase. Firms'
f the price level rises in the short run, which of the following will result? Multiple choice question. Firms' revenues and profits will increase. Firms' total output will not be affected. Firms will want to produce less output. Wages and other input prices also rise
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Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
