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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
A firm might respond to a higher demand for its goods by: raise prices.
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Asked 9/20/2014 1:36:52 PM
Updated 9/20/2014 2:14:18 PM
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A firm might respond to a higher demand for its goods by: raise prices.
Added 9/20/2014 2:14:18 PM
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Who owns the factors of production? A. the market B. individuals C. firms D. households
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Updated 9/17/2014 11:27:57 AM
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HOUSEHOLDS own the factors of production.


Added 9/17/2014 11:27:57 AM
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Which of the following is not a factor of production? A. Land B. Labor C. Goods and Services D. Capital
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Updated 9/16/2014 10:18:08 PM
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Goods and Services is not a factor of production.
Added 9/16/2014 10:18:08 PM
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