Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnpaul92 johnpaul92
wrote...
Go to Answer
Posts: 2600
Rep: 9 0
8 years ago
According to the menu cost theory, firms will be slow in changing their prices because
A) the cost of changing the price might exceed the additional revenue the price change would generate.
B) demand for their product would fall because consumers would purchase goods from firms that had not raised their prices.
C) frequent price changes would be a sign of monopolistic behavior.
D) if prices changed frequently, individuals would reduce their demand for that good because of uncertainty.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 175 times
3 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
#1
Top Poster
Posts: 2219
Rep: 49 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnpaul92 Author
wrote...
#2
8 years ago
This answers my question, thank you so much
wrote...
#3
8 years ago
Glad to be part of your success Wink Face
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1323 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 539
  
 215
  
 2101
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?