Solved

Competitive Firms Will Always Try to Earn More Than a Normal

Question 162

Multiple Choice

Competitive firms will always try to earn more than a normal profit by doing the following except


A) adopting better production technology.
B) improving their business organization and operation.
C) developing new products.
D) raising the prices of their existing products.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions