Question: 0 300 500 650 Computers Per Week Computers Per Week A 3 Refer to the graphs. Suppose a rm is currently producing 500 computers per

 0 300 500 650 Computers Per Week Computers Per Week A3 Refer to the graphs. Suppose a rm is currently producing 500

computers per week and charging a price of $1,000. How will therm respond to a negative demand shock if prices are inexible? O

0 300 500 650 Computers Per Week Computers Per Week A 3 Refer to the graphs. Suppose a rm is currently producing 500 computers per week and charging a price of $1,000. How will the rm respond to a negative demand shock if prices are inexible? O The firm will reduce production to 300 computers. O The firm will continue to produce 500 computers. O The firm will increase production to 650 computers. O The firm will reduce the price to $600

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