Question: Manuel increase production from 7 to 8 fire engines, because the dominates in this scenario. True or False: If Manuel's Fire Engines were a competitive
Manuel increase production from 7 to 8 fire engines, because the dominates in this scenario. True or False: If Manuel's Fire Engines were a competitive firm instead and $100,000 were the market price for an engine, decreasing its price from $100,000 to $50,000 would result in the same change in production quantity and, thus, total revenue
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