A perfectly competitive firm is charging $6 and selling 1200 units a month. The firm raises the price by a nickel above the market price. its profits will? a. will decrease b. will not change c. will go to zero d. will increase
A perfectly competitive firm is charging $6 and selling 1200 units a month. The firm raises the price by a nickel
above the market price. its profits will?
a. will decrease
b. will not change
c. will go to zero
d. will increase
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