An increase in the demand for a firm’s output?

2321EconomicsMedium

Adecrease the prosperity of the firm but increases the prosperity of the factors hired by the firm

Bincreases the prosperity of both the firm and the factors hired by the firm.

Cdecreases the prosperity of both the firms and the factors hired by the firm.

Dincreases the prosperity of the firm but decreases the prosperity of the factors hired by the firm.

Correct answer

B. increases the prosperity of both the firm and the factors hired by the firm.

Explanation

The correct answer is increases the prosperity of both the firm and the factors hired by the firm..

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