Use the Figure Below to Answer the Following Questions

question 33

Multiple Choice

Use the figure below to answer the following questions. Figure 11.4.2
-Refer to Figure 11.4.2,which shows the cost curves and marginal revenue curve of a firm in a perfectly competitive market.In the long run,

• A)firms that remain in the market will expand production.
• B)market demand will increase.
• C)market supply will decrease.
• D)firms will exit the market.
• E)firms that remain in the market will decrease production.

---

Definitions:

Flood Basalt

Vast plateaus formed by the eruption of large amounts of lava that solidifies on the surface.

Fissures/Dikes

narrow openings or fractures in the Earth's crust that allow magma to rise, solidifying as dikes.

Lava Tubes

Natural conduits formed by flowing lava moving beneath the hardened surface of a lava flow, often creating tunnel-like structures.

Central Vents

The main conduit in a volcanic system through which magma travels from beneath the Earth's surface to its exterior.