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When Kelly Was in a Passenger Plane,he Watched as All

question 45

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When Kelly was in a passenger plane,he watched as all four engines quit at once and then saw the plane explode.From 5,000 feet in the air,he landed,severely injured,in deep snow in a heavily wooded area.When he regained consciousness several weeks later,he had a stress reaction that lasted for years,and he could never fly again.The factor that probably MOST contributed to his extreme posttraumatic stress reaction was:


Definitions:

Short Run

A period in which at least one input (such as plant size, machinery) is fixed and cannot be changed by the firm.

Capital Investment

Funds invested in a firm or enterprise for the purpose of furthering its business objectives, including purchasing assets or stocks.

Short-Run

A timeframe in which a company cannot alter at least one of its resources.

Economic Profit

The difference between the total revenue earned by a firm and the total cost of inputs, including both explicit and implicit costs.

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