For a Firm in a Competitive Market, an Increase in the Quantity

question 81

Multiple Choice

For a firm in a competitive market, an increase in the quantity produced by the firm will result in

• A)a decrease in the product's market price.
• B)an increase in the product's market price.
• C)no change in the product's market price.
• D)either an increase or no change in the product's market price depending on the number of firms in the market.

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