In economic theory, what strategy can be employed to decrease the equilibrium level of a product in the market?
A) Increase production costs
B) Reduce consumer demand
C) Lower production efficiency
D) Decrease market competition

Question

13-07-2024
Business

Answered

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In economic theory, what strategy can be employed to decrease the equilibrium level of a product in the market?
A) Increase production costs
B) Reduce consumer demand
C) Lower production efficiency
D) Decrease market competition

Sagot :

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