We Can Predict That Resources Will Move into an Industry

question 44

Multiple Choice

We can predict that resources will move into an industry whenever

• A)economic profits for firms in that industry are greater than zero.
• B)economic losses for firms in that industry are minimized.
• C)economic profits for firms in that industry are zero.
• D)accounting profits for firms in that industry are zero.
• E)accounting profits for firms in that industry are greater than zero.

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Definitions:

Core Identity

The fundamental sense of who one is, encompassing self-image, individuality, and personality traits.

Socially Unacceptable Roles

Roles or behaviors that are considered inappropriate or taboo by societal standards, often leading to stigma or social exclusion.

Race Dissonance

The phenomenon in which minority children indicate preferences for majority values or people.

Ethnic Preference

A predisposition or favoritism toward individuals of a particular ethnicity, often based on shared culture, language, or ancestral background.