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11. When a firm considers changing its prices, it needs to consider business resources to change prices and the risks of confusing consumers or the costs of using

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter30: Market Failure: Externalities, Public Goods, And Asymmetric Information

Section30.2: Internalizing Externalities

Problem 2ST

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11. When a firm considers changing its prices, it needs to consider
business resources to change prices and the risks of confusing consumers
A. Sunk costs
B. Menu costs
C. Opportunity costs
C. Marginal costs
or the costs of using

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