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cestrela7 [59]
3 years ago
12

True or false: if jacques's fire engines were a competitive firm instead and $160,000 were the market price for an engine, incre

asing its production would not affect the price at which he can sell engines.
Business
1 answer:
Sedaia [141]3 years ago
8 0
<span>This is true. The amount of engines produced will not automatically change the price at which the engines can be sold. In addition, a single company cannot change the overall market price for a good or service. However, raising output could lead to a surplus of stock for that one company in the future.</span>
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3 years ago
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3 years ago
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Answer:

The answer is: D

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