Examlex

Solved

Industries That Are Made Up of Many Competing Producers,each Selling

question 77

Multiple Choice

Industries that are made up of many competing producers,each selling a differentiated product,and whose firms earn zero economic profits in the long run are:


Definitions:

Psychosexual Development

A theory proposed by Freud that suggests individuals go through five stages of personality development tied to sexual maturation.

Erogenous Zone

An erogenous zone is an area of the body that has heightened sensitivity and can produce sexual pleasure when stimulated.

Genitals

The reproductive organs, especially the external sex organs.

Humanistic Psychologist

A professional in psychology who focuses on an individual's potential and stresses the importance of growth and self-actualization.

Related Questions