Business
Business, 20.02.2020 21:41, laurachealsy923

Suppose that Techno TV produces LCD televisions. At a price of $2,000 per television, Techno determines that its optimal output is 3000 television sets per week. If prices are sticky and fears of a recession reduce demand for LCD televisions, we would expect Techno to:.A. reduce output in the long run. B. reduce output in the short run. C. raise prices in the short run to compensate for lost revenue. D. raise output in the short run.

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Suppose that Techno TV produces LCD televisions. At a price of $2,000 per television, Techno determi...

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