An increase in the demand for a firm’s output ?
A. decrease the prosperity of the firm but increases the prosperity of the factors hired by the firm
B. decreases the prosperity of both the firms and the factors hired by the firm.
C. increases the prosperity of both the firm and the factors hired by the firm.
D. increases the prosperity of the firm but decreases the prosperity of the factors hired by the firm.
An increase in the demand for a firm’s output ? Read More »
Economics Mcqs, Production Factors