Use the Following to Answer Question(s)

question 115

Multiple Choice

Use the following to answer question(s) :
Exhibit: Supply: Short and Long Run

-(Exhibit: Supply: Short and Long Run) S₃ would be the _______-run supply curve if _______.

• A) long; expanded production leaves production costs unchanged
• B) short; expanded production changes production costs
• C) long; there is no entry into or exit from the industry
• D) medium; costs are changed if there is easy entry

---

Definitions:

Experience

The knowledge or skill acquired by a person through involvement in or exposure to events or activities over a period of time.

Health Care

The maintenance or improvement of health via the prevention, diagnosis, and treatment of diseases, illnesses, injuries, and other physical and mental impairments in people.

Medicine

The science or practice of diagnosing, treating, and preventing illness, disease, and injury.

Identify Strengths

The process of recognizing and understanding one's skills, talents, and areas of effectiveness.