File:Increasing Costs Leads to Increasing Price.jpg

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English: Because the cost of production and the desired profit equal the price a firm will set for a product, if the cost of production increases, the price for the product will also need to increase.
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Source https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C03_024.jpg)
Author OpenStax College

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current01:16, 18 September 2017Thumbnail for version as of 01:16, 18 September 2017390 × 236 (608 KB)Dave Braunschweig (talk | contribs)User created page with UploadWizard

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