FIGURE 12- 3

question 48

Multiple Choice

FIGURE 12- 3
-Refer to Figure 12- 3.If the diagram is depicting a perfectly competitive industry,the equilibrium price and quantity is

• A)P2 and q1.
• B)P2 and q2.
• C)P1 and q1.
• D)P1 and q2.
• E)P3 and q1.

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Definitions:

Fetal

Pertaining to the development stage of a human between the embryonic state and birth.

Physical

Relating to the body as opposed to the mind or spirit, encompassing material things, bodily activities or phenomena.

Folic Acid

A vitamin of the B complex, essential for the production and maintenance of new cells and for preventing certain birth defects.

Embryonic Period

The stage of prenatal development from fertilization up to the eighth week, where rapid growth and development of major body systems and structures occur.