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    Principles of Economics Study Set 12
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    Exam 6: The Supply Curve and the Behavior of Firms
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    How Much a Firm Changes Its Output in Response to a Price
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How Much a Firm Changes Its Output in Response to a Price

Question 40

Question 40

Multiple Choice

How much a firm changes its output in response to a price change is captured by the firm's


A) production function.
B) cost function.
C) function of diminishing returns.
D) supply curve.
E) demand curve.

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