In a Perfectly Competitive Market, a Permanent Increase in Demand

question 100

Multiple Choice

In a perfectly competitive market, a permanent increase in demand initially brings a higher price, economic

• A) loss, and entry into the market.
• B) loss, and exit from the market.
• C) profit, and entry into the market.
• D) profit, and exit from the market.

---

Definitions:

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, responsible for coordinating and controlling body activities.

Nonfluent Aphasia

A condition characterized by reduced speech fluency due to language production difficulties, often as a result of brain damage.

Broca's Area

A region in the frontal lobe of the brain associated with speech production and language processing.

Fluent Aphasia

A type of aphasia characterized by the ability to produce a flow of speech without meaningful content, often with impaired comprehension.