In competitive price-taker markets, if one firm raises its price,
a. others will follow
b. that firm will increase its revenues
c. that firm will lose revenues because other firms will not follow
d. all consumers will be adversely affected
e. the market demand curve will shift
C
Economics
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An increase in government spending can lead to a decrease in GDP if the interest rate changes enough
a. True b. False
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In terms of framing, we respond better to:
A. positive framing. B. consistent framing. C. neither; research has shown that framing ultimately doesn't matter. D. negative framing.
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