The Diagram Below Shows Demand and Cost Curves for a Monopolistically

question 9

Multiple Choice

The diagram below shows demand and cost curves for a monopolistically competitive firm.
FIGURE 11-3
-Refer to Figure 11-3.If an increase in industry demand led to an outward shift in each firmʹs demand curve,and no change to the firmʹs costs,the typical firm would

• A)be making profits and new firms would enter the industry in the long run.
• B)be making losses and some firms would exit the industry in the long run.
• C)would expand its output in the long run.
• D)increase costs in order to break even at P1 and Q1 in the long run.
• E)decrease costs in order to break even at P1 and Q1 in the long run.

---

Definitions:

Stress Intensity

The level of pressure or tension experienced by an individual, often in relation to specific stressors.

Role Ambiguities

Situations where the expectations or responsibilities of a position are unclear, leading to confusion or conflicts in the workplace.

Role Overloads

The stress or pressure experienced by individuals when the demands of their roles exceed their ability to cope, often leading to burnout or decreased performance.

Personal Wellness

The holistic approach to maintaining a healthy balance of the mind, body, and spirit that contributes to overall well-being and quality of life.