If a Perfectly Competitive Firm Adopts a New Technology, Greater

question 25

Multiple Choice

If a perfectly competitive firm adopts a new technology, greater economic profit is possible in the _______, but a competitive return will be earned in the _______ as the market supply will______

• A)long run; short run; decrease
• B)long run; short run; increase
• C)short run; long run; decrease
• D)short run; long run; increase

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Definitions:

Gender Roles

The societal norms dictating the behaviors, activities, expectations, and roles considered appropriate for men and women.

Klinefelter Syndrome

A genetic condition in males characterized by an extra X chromosome, leading to symptoms such as reduced masculinity and fertility issues.

Characteristics

Distinct features or qualities that identify a person, object, or phenomenon.

Androgyny

The combination of masculine and feminine characteristics into an ambiguous form, often used in the context of fashion, gender identity, or sexual orientation.