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Home Q & A Board Other Fields Homework Help Business Economics
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apadong apadong
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Posts: 856
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7 years ago
If a firm in a perfectly competitive industry raises price above market price,
A) demand curves will become downward sloping.
B) sales will drop to zero.
C) total revenue for the firm will increase.
D) profit will increase.
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Akshtsaklani21Akshtsaklani21
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#1
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7 years ago
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apadong Author
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#2
6 years ago
Thx very much
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