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28 Nov 2020
If the price of a good is low,
a. firms would increase profit by increasing output.
b. the supply curve for the good shifts to the left.
c. the quantity supplied of the good could be zero.
d. firms can and should raise the price of the product.
If the price of a good is low,
a. firms would increase profit by increasing output.
b. the supply curve for the good shifts to the left.
c. the quantity supplied of the good could be zero.
d. firms can and should raise the price of the product.
Yusra AneesLv10
7 Jan 2021