Changing market conditions can alter a household's well-being,__________prices for output and ________prices for inputs raises potential profits.

Name: Changing market conditions can alter a household's well-being,__________prices for output and ________prices for inputs raises potential profits.
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Question

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Higher prices for output and lower prices for inputs increase the potential profits for a household, as they would be selling their products at higher prices while purchasing their inputs at lower costs.

Changing Market Conditions Can Alter a Household's Well-Being,__________prices for Output