File:Increasing Costs Leads to Increasing Price.jpg
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Summary
| Description |
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. |
| Date | |
| Source | https://openstax.org/details/books/principles-microeconomics (CNX_Econ_C03_024.jpg) |
| Author | OpenStax College |
Licensing
This file is licensed under the Creative Commons Attribution 4.0 International license.
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File history
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 01:16, 18 September 2017 | | 390 × 236 (608 KB) | Dave Braunschweig | User created page with UploadWizard |
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