How much would the firm make in revenue if it prices both its products successfully?
a. $110
b. $120
c. $130
d. $140
d
Economics
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Using the AD-AS model, if consumers and business become more optimistic about the future direction of the economy and increase spending, then:
A. aggregate demand will decrease. B. aggregate demand will increase. C. long-run aggregate supply will increase. D. long-run aggregate supply will decrease.
Economics
A decrease in stock prices alters the consumption function by:
A. decreasing the vertical intercept. B. decreasing the slope. C. increasing the vertical intercept. D. increasing the slope.
Economics