asked 58.3k views
1 vote
As the price of a good increases

a) Firm profits increase, thus
causing an increase in production

b) Firm costs increase, thus causing an increase in production

c) Firm profits decrease, thus causing a decrease in production

d) Firm costs increase, thus causing a decrease in production

asked
User Tmesser
by
7.9k points

1 Answer

6 votes
i believe the answer is C
answered
User Lvoelk
by
8.1k points

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