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If a person has a good social support network, strong coping skills, and an optimistic personality then he is less vulnerable to the effects of stress. These characteristics are best considered as examples of _____________.
Long-Run Equilibrium
A state in which all factors of production are variable, allowing firms to enter or exit, resulting in zero economic profit for perfectly competitive firms.
Competitive Industry
An industry where numerous firms compete against each other to sell similar products or services.
Output Level
The quantity of goods or services produced by a company, industry, or economic sector within a given time period.
Economic Rents
Earnings in excess of the minimum necessary to keep a factor of production in its current use, often associated with restricted supply or monopoly power.
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