Which of the Following Is False

question 18

Multiple Choice

Which of the following is false?

• A)As firms exit an industry, market supply decreases.
• B)As firms exit an industry, market price increases as demand increases.
• C)As firms exit an industry, economic losses for the remaining firms decrease.
• D)As firms exit an industry, at least some firm output increases.
• E)As firms exit an industry, industry output is reduced.

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Definitions:

Superego

In Freudian psychology, the part of the psyche that operates as a moral conscience.

Erogenous Zone

Areas of the body that are particularly sensitive to stimulation and can lead to sexual arousal when touched.

Psychological Processes

The functions of the mind that encompass thoughts, emotions, and behaviors, which influence personality, perception, and overall mental health.

Genetic Defects

Abnormalities in an organism's DNA that can lead to diseases or malformations, often inherited from parents.