If an Insurmountable Barrier to Entry Is Lifted and a Market

question 119

Multiple Choice

If an insurmountable barrier to entry is lifted and a market that was once dominated by a monopolist is now perfectly competitive, the total surplus will ______.

• A)increase
• B)decrease
• C)not change
• D)decrease by exactly 50 percent

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Definitions:

Normative Constructions of Femininity

Socially and culturally constructed ideas and practices that define and prescribe what is considered appropriate behavior, appearance, and roles for women in a society.

Promiscuity

Engaging in sexual activities with various partners without committing to a monogamous relationship, often viewed differently across cultures and societies.

Queer Theory

An interdisciplinary approach that seeks to challenge and deconstruct traditional notions of gender and sexuality, emphasizing the fluidity and socially constructed nature of these concepts.

Pansexuality

is the sexual, romantic, or emotional attraction towards people regardless of their sex or gender identity.