When an Industry Is in Decline, Firms Do Not Necessarily

question 33

True/False

When an industry is in decline, firms do not necessarily exit; they may just shrink.

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Definitions:

Intracellular Fluid

The fluid found inside cells, making up about 40% of the total body water in humans.

Plasma Concentration

The amount of a substance present in the plasma portion of blood.

Hypercapnia

An excess of carbon dioxide in the bloodstream, typically caused by inadequate respiration.

Blood

A vital body fluid that carries oxygen and nutrients to cells, and removes carbon dioxide and other wastes.