At a price of $299.99, the manufacturer of a portable air conditioner is willing to produce 19,000 units per quarter. At a price of $349.99, it is likely that the manufacturer will be willing to produce
A) more than 19,000 units per quarter.
B) 19,000 units per quarter.
C) fewer than 19,000 units per quarter.
D) It is impossible to predict the effect of a higher price on the number of units of a product that a firm will be willing to produce.
Correct Answer:
Verified
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