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.Management Sciences
A. Should increase output
B. Should reduce output
C. will require further information on how to respond
D. Should not change output
Related Mcqs:
- Demand curves are derived while holding constant ?
- A. incomes, tastes, and the price of other goods. B. income, tastes, and the price of the good. C. income and tastes D. tastes and the price of other goods...
- An increase in price all other things unchanged leads to ?
- A. A shift in supply outwards B. A shift in supply inwards C. A contraction of supply D. An extension of supply...
- Economics assumes that people consume goods and services to achieve ?
- A. Status B. Prestige C. Utility D. Self-esteem...
- An increase in price all other things unchanged leads to ?
- A. Shift demand outwards B. Shift demand inwards C. A contractions of demand D. An extension of demand...
- The price elasticity of supply is +4 The price increases by 15% sales were originally 200 units What will they be now ?
- A. 80 units B. 320 units C. 60 units D. 120 units...
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