Multiple Choice
If the demand curve facing a firm shifts outward,then
A) there is a decline in the maximum price the firm can charge at each quantity it may want to sell
B) there is an increase in the maximum price the firm can charge at each quantity it may want to sell
C) the firm would need to increase the quantity it wants to sell in order to generate a rise in the price
D) the firm would need to decrease the quantity it wants to sell in order to generate a rise in the price
E) there is a decrease in the maximum quantity the firm can sell at each price it may want to charge
Correct Answer:

Verified
Correct Answer:
Verified
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