Tom produces commemorative t-shirts in a competitive market. if tom decides to decrease his output, this will a. increase his revenue, since the output decrease leads to a higher market price. b. increase his revenue, since tom's competitors will also decrease their output, so that price rises to offset the drop in tom's output. c. decrease his revenue, since his output has decreased and the price remains the same. d. decrease his revenue, since the price does not rise sufficiently when output drops to offset the drop in tom's output.

Answer would be C, Decrease his revenue, since his output has decreased and the price remains the same.

Tom produces commemorative t-shirts in a competitive market. If he decided to decrease his output, this will decrease his revenues since his output has decreases and the price remains the same.

When there is a decrease in the quantity of a product produced by the company, the revenues will also decrease because when more quantity is sold, more revenue is generated and vice versa, keeping the price at a constant number.

the answer is i don't know