A Child in Your Classroom Just Stuck Scissors into the Electrical

question 10

Multiple Choice

A child in your classroom just stuck scissors into the electrical outlet. Your immediate action would be to:

• A) grab the child and pull him away from the outlet
• B) call for emergency medical assistance (EMS)
• C) locate and turn off the circuit breaker
• D) roll the child onto his back and treat for shock

---

Definitions:

Firm's Output

The total quantity of goods or services produced by a company within a specific time period.

Lowest Price

The minimum cost at which a good or service is offered in the market, representing the least amount a seller is willing to accept.

Long Run

refers to a period of time in which all factors of production and costs can be fully adjusted, including all forms of investment.

Short Run

A timeframe in economic terms where firms can adjust production levels only by changing variable inputs, with fixed inputs remaining constant.