all things being equal, when producers sell goods for a lower price, they make\no more money.\no the same…
all things being equal, when producers sell goods for a lower price, they make\no more money.\no the same amount of money.\no less money.\no as much money as the law allows.
Answer
Answer:
C. less money.
Brief Explanations:
When producers sell at lower prices with quantity - sold constant, total revenue (price×quantity) decreases, so they make less money.