When Firms Exit a Market,the ________-Run Market Supply Curve Shifts

question 144

Multiple Choice

When firms exit a market,the ________-run market supply curve shifts ________,causing individual firms' profits to ________.

• A) long; right; decrease
• B) short; left; decrease
• C) short; left; increase
• D) short; right; decrease
• E) short; right; increase

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Definitions:

Family Service Policies

Guidelines and rules designed to govern the delivery of services and support to families within an organizational or governmental context.

Come Out

The act of disclosing one's LGBTQ+ identity to others.

Multi-problem Families

Families facing a combination of challenges such as health issues, financial struggles, and relationship conflicts simultaneously.

Lesbian and Gay

Terms used to describe individuals who are attracted to people of the same sex; often included in the broader LGBTQ+ community.