Figure 12-1
-Refer to Figure 12-1.If the economy is at point J,what will happen?
A)Inventories have fallen below their desired level,and firms decrease production.
B)Inventories have fallen below their desired level,and firms increase production.
C)Inventories have risen above their desired level,and firms decrease production.
D)Inventories have risen above their desired level,and firms increase production.

Question

Figure 12-1 
-Refer to Figure 12-1.If the economy is at point J,what will happen?
A)Inventories have fallen below their desired level,and firms decrease production. 
B)Inventories have fallen below their desired level,and firms increase production. 
C)Inventories have risen above their desired level,and firms decrease production. 
D)Inventories have risen above their desired level,and firms increase production.

Quizplus · Accepted Answer

If the economy is at point J, it indicates that inventories have fallen below their desired level, prompting firms to increase production to meet demand.

Figure 12-1 -Refer to Figure 12-1.If the Economy Is at Point J,what