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Assuming There Is No Change in a Product's Price or the Quantity

Question 75

Multiple Choice

Assuming there is no change in a product's price or the quantity demanded, if a business owner wants to increase her advertising expenses to a by $500 monthly, this would cause total costs to __________ and the break-even quantity to __________.


A) decrease; stay the same
B) increase; increase
C) decrease; increase
D) stay the same; increase
E) increase; decrease

Correct Answer:

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