If Van's Fire Engines were a competitive firm instead and $100,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines.A. True
B. False

If Van's Fire Engines was a competitive firm and would have increased the production of engines, the fixed costs associated will be allocated to more units and will result in a lower cost per engine produced as compared to the less production of units. Therefore Van’s Fire Engines will be able to sell engines at a lower price.

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If Van's Fire Engines were a competitive firm instead and $100,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines.A. True B. False

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If Van's Fire Engines were a competitive firm instead and $100,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines.A. True
B. False