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Assuming that all other things remained unchanged, how would

suppliers react to a price increase for their product?
A
They would not change production levels.
B
They would increase production of the product.
They would reduce production of the product.
D
They would stop producing the product.

User Lovis
by
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1 Answer

3 votes

Answer:

Question

Assuming that all other things remained unchanged, how would

suppliers react to a price increase for their product?

A

They would not change production levels.

B

They would increase production of the product.

They would reduce production of the product.

D

They would stop producing the product.

Step-by-step explanation:

User Tobycoleman
by
4.7k points