A perfectly competitive firm is charging $6 and selling 1200 units a month. The firm raises the price by a nickel above the market price. its profits… | Cheap Nursing Papers
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A perfectly competitive firm is charging $6 and selling 1200 units a month. The firm raises the price by a nickel above the market price. its profits…

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A perfectly competitive firm is charging $6 and selling 1200 units a month. The firm raises the price by a nickel above the market price. its profits will?

a.  will decrease

b. will not change

c. will go to zero

d. will increase

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