-In the above figure, if the firm is producing Q2 units at a price P2, it should
A) increase output and decrease price.
B) decrease output and increase price.
C) not change output or price.
D) shut down.

Question

-In the above figure, if the firm is producing Q2 units at a price P2, it should
A) increase output and decrease price. 
B) decrease output and increase price. 
C) not change output or price. 
D) shut down.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, if the firm is producing Q2 units at a price P2, it should
A) increase output and decrease price. 
B) decrease output and increase price. 
C) not change output or price. 
D) shut down.

-In the Above Figure, If the Firm Is Producing Q2