In a Perfectly Competitive Market,a Technological Advance Brings ________ Economic

question 28

Multiple Choice

In a perfectly competitive market,a technological advance brings ________ economic profit for producers and ________ lower prices for consumers.

• A)temporary;temporary
• B)permanent;permanent
• C)permanent;temporary
• D)temporary;permanent
• E)negative;permanent

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Definitions:

Acts of Violence

Behaviors or actions that involve force or aggression intended to cause harm, injury, or death to others.

Elementary School Years

The period of formal education typically from kindergarten through fifth or sixth grade, foundational for cognitive, emotional, and social development in children.

Habituation

A process in which one becomes used to a repeated stimulus and therefore pays less attention to it.

Desensitization

The process of reducing sensitivity or responsiveness to a stimulus, often used as a therapeutic approach.