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Darren Adkins
History
18 June, 15:43
What does a higher price
for a good tell a producer?
+2
Answers (
1
)
Dorian Byrd
18 June, 15:57
0
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.
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