Sellers aim at profit maximization which results in ________
A. Positive relationship between price and supply
B. Negative relationship between price and supply
C. Equilibrium of supply and demand
D. Unrealistic price determination.
Answer:A
Sellers aim at profit maximization which results in ________
A. Positive relationship between price and supply B. Negative relationship between price and supply C. Equilibrium of supply and demand D. Unrealistic price determination.