​A Manager Invests $400,000 in a Technology That Should Reduce

question 4

Multiple Choice

​A manager invests $400,000 in a technology that should reduce the overall costs of production.The company managed to reduce their cost per unit from $2 to $1.85.All else equal,if the firm continues its production in the same economic environment,the firm's economic profits should

• A)​increase if output is low enough
• B)decrease
• C)stay the same
• D)​increase if output is high enough

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