$1200아\X $1000 $1000 .... D3 D1 D2 $600 -.... D3 DI D2 O 300 500 650 500 Computers Per Week Computers Per Week A Refer to the graphs. Suppose a firm is currently producing 500 computers per week and charging a price of $1,000. What happens to the firm's Inventory of computers if there is a positive demand shock and prices are Inflexible? Multiple Cholce The firm's Inventory will decrease by 150 computers per week. The firm's Inventory will stay at their current level. The firm's Inventory will Increase by 150 computers per week. The firm's Inventory will increase by 350 computers per week.

$1200아\X $1000 $1000 .... D3 D1 D2 $600 -.... D3 DI D2 O 300 500 650 500 Computers Per Week Computers Per Week A Refer to the graphs. Suppose a firm is currently producing 500 computers per week and charging a price of $1,000. What happens to the firm's Inventory of computers if there is a positive demand shock and prices are Inflexible? Multiple Cholce The firm's Inventory will decrease by 150 computers per week. The firm's Inventory will stay at their current level. The firm's Inventory will Increase by 150 computers per week. The firm's Inventory will increase by 350 computers per week.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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