-Refer to the Graph Above

question 107

Multiple Choice

-Refer to the graph above.The firm is currently producing 3.5 units of output.If the market price is $10,the firm should

• A) increase its output.
• B) reduce its output.
• C) leave its current output unchanged.
• D) move to a plant that is twice as large.
• E) move to a smaller plant.

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