During a severe recession, a company is more likely to sell ________ units of goods they...

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Question

During a severe recession, a company is more likely to sell ________ units of goods they...

During a severe recession, a company is more likely to sell ________ units of goods they produce and ________ the prices.

A. fewer; raise

B. fewer; cut

C. more; raise

D. more; cut

business economics

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Answer 1

Answer #1

B. Fewer, cut

Reason- During severe recession, price level falls. output and income level also falls. Unemployment level rises. So a company is able to sell only fewer units of a good.

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Answer 2

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During a severe recession, a company is more likely to sell ________ units of goods they...