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Echo Energies Is a Gas Company Facing Increasing Shipment Costs

Question 143

Multiple Choice

Echo Energies is a gas company facing increasing shipment costs in the new fiscal year. To maximize its profits in the short run when costs are less than market prices, they should:


A) Increase production
B) Decrease production
C) Layoff employees
D) Renegotiate loans

Correct Answer:

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