liv32360 liv32360

04-03-2020
History

contestada

What does a higher price
for a good tell a producer?

Respuesta :

raleemthomas05 raleemthomas05

04-03-2020

Answer:

A higher price for a good tells the producer to produce more as higher price means more profit. Higher price for a god encourage new producer to produce good and enter the market to earn profit.

Explanation:

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