When the price level rises more than expected

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Reference no: EM131098911

When the price level rises more than expected, a firm with a sticky price will sell its output at a price that is

a. less than it desires and decrease its production.

b. less than it desires and decrease its production.

c. less than it desires and increase its production.

d. more than it desires and increase its production.

Reference no: EM131098911

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