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If an industry is in long-run competitive equilibrium and experiences a decrease in demand, then as a result the equilibrium price will __________, which will cause the representative firm's __________ curve to shift downward and some firms will __________ the industry.
Projection
A defense mechanism where one attributes their own unacceptable thoughts or feelings to someone else.
Aggressive Impulses
Innate or developed urges to act or react in a forceful or hostile manner towards others or oneself.
Growth-Inhibiting Environment
A setting or condition that restricts or hinders the development and progress of an organism or process.
Unconditional Positive Regard
Accepting and supporting someone regardless of what they say or do, as proposed by Carl Rogers in his client-centered therapy.
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