Solved

Knowing the Cost of Production,which Decision Will a Seller Mostly

Question 127

Multiple Choice

Knowing the cost of production,which decision will a seller mostly likely make


A) A seller would be eager to sell her product at a price higher than her cost and refuse to sell her product at a price equal to her cost.
B) A seller would refuse to sell her product at a price lower than her cost and willing to sell her product at a price equal to her cost.
C) A seller would be eager to sell her produce at a price higher than her cost and refuse to sell her product at a price lower than her cost.
D) A seller must be willing to sell her product at any price since sellers cannot set the price for their product.

Correct Answer:

verifed

Verified

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

Related Questions