In the Keynesian model, it is assumed that, when demand for a firm's product changes, the firm:
A. changes prices to meet the demand.
B. changes production levels to meet the demand.
C. changes prices and production levels to meet demand.
D. changes prices, but holds production levels constant, to meet the demand.
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Home » Business » In the Keynesian model, it is assumed that, when demand for a firm's product changes, the firm: A. changes prices to meet the demand. B. changes production levels to meet the demand. C. changes prices and production levels to meet demand. D.