Multiple Choice
Suppose the demand for hot dogs decreases. In the short run, firms that produce hot dogs will experience a fall in prices, which will induce them to
A) increase production and increase the number of workers.
B) decrease production and increase the number of workers.
C) decrease production and reduce the number of workers.
D) increase production and reduce the number of workers.
Correct Answer:
Verified
Correct Answer:
Verified
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