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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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According to the NFIP, the following varieties of harm aren't blanketed via flood coverage: damage resulting from moisture, mold, or mold that would have been avoided by the assets proprietor or which isn't always due to the flood. Harm resulting from earth motion, although the earth movement is because of the flood.

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