Question and answer
How might a firm respond to a higher demand for its goods? A. limit its production B. raise prices C. cut prices D. increase advertising
Raise prices is how a firm respond to a higher demand for its goods.
Expert answered|emdjay23|Points 134303|
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Asked 12/22/2017 12:44:24 PM
Updated 12/22/2017 1:39:19 PM
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Updated 12/22/2017 12:39:16 PM
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Which of the following is considered a cause of inflation? A. Wages go down. B. Producers raise prices to meet higher costs. C. There is not enough money in the economy. D. Demand is less than supply.
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Updated 12/22/2017 1:20:25 PM
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Producers raise prices to meet higher costs: is considered a cause of inflation.

Added 12/22/2017 1:20:25 PM
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