If Price Is Above Cost, Then

question 100

Multiple Choice

If price is above cost, then

• A)there are too many firms.
• B)firms will enter the industry.
• C)firms are losing profit.
• D)firms will exit the industry.
• E)average cost is too low.

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Definitions:

Sexual Activity

Physical activities involving genital contact or stimulation, intended for sexual pleasure or reproduction.

Permission Statement

A declarative sentence granting or acknowledging consent for a specific action or event.

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A fluid-filled sac within the ovary. Often harmless and without symptoms, but can sometimes cause pain or other problems.