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1 vote
As the price of a good increases

a) Firm profits increase, thus
causing an increase in production

b) Firm costs increase, thus causing an increase in production

c) Firm profits decrease, thus causing a decrease in production

d) Firm costs increase, thus causing a decrease in production

User Tmesser
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1 Answer

6 votes
i believe the answer is C
User Lvoelk
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