Assume that a seller in a perfectly competitive market charges more than competitors are charging. It is likely that this seller will:

A) increase his profit.
B) increase his sales.
C) lose only a few buyers.
D) lose almost all of his buyers.

D

Economics

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The per-worker production function relates output per worker

A) to capital per worker. B) to the participation rate. C) to production per worker. D) in different countries.

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Kuznets's research showed that the marginal propensity to consume remains constant as national income rises

Indicate whether the statement is true or false

Economics