Business, 11.12.2019 23:31 shadowangel84

Good news for an industry that typically produces inelastic goods can

select one:

a. be good news for individual producers because when these factors shift the supply curve to the right it increases total revenues.

b. be bad news for individual producers because when these factors shift the supply curve to the left it decreases total revenues.

c. be bad news for individual producers because when these factors shift the supply curve to the right it decreases total revenues.

d. be good news for individual producers because when these factors shift the supply curve to the right it increases total profit.

Answers: 3

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Good news for an industry that typically produces inelastic goods can

select one:

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