If the demand for a firms output unexpectedly decreases, you would expect its inventory to: a. increase.

Question:

If the demand for a firm’s output unexpectedly decreases, you would expect its inventory to:

a. increase.

b. decrease.

c. remain the same.

d. increase or remain the same, depending on whether or not prices are sticky.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9781264112456

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

Question Posted: