McqMate
| Q. |
If a firms cost of raw material decreases then |
| A. | Marginal cost curve will shift downward |
| B. | Marginal cost curve will shift upward |
| C. | Market price will go down |
| D. | Market price will go up |
| Answer» A. Marginal cost curve will shift downward | |
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Fundamentals of Economics and ManagementNo comments yet