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Refer to the Information Provided in Figure 15

question 30

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Refer to the information provided in Figure 15.6 below to answer the question(s) that follow. Refer to the information provided in Figure 15.6 below to answer the question(s)  that follow.   Figure 15.6 -Refer to Figure 15.6. If Trollioʹs T-shirts is producing the quantity where MR = MC and selling each T-shirt at the price where D = ATC, then in the long run this firm should ________ the selling price and ________ quantity. A)  increase; decrease B)  decrease; increase C)  increase; increase D)  not change; not change Figure 15.6
-Refer to Figure 15.6. If Trollioʹs T-shirts is producing the quantity where MR = MC and selling each T-shirt at the price where D = ATC, then in the long run this firm should ________ the selling price and ________ quantity.


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