Figure 16-4 -Refer to Figure 16-4. Which of the Following Will Occur

question 503

Multiple Choice

Figure 16-4
-Refer to Figure 16-4. Which of the following will occur in the long run in this industry?

• A)Firms will exit this industry.
• B)Firms will enter this industry.
• C)This firm will continue to earn positive economic profits.
• D)This firm will incur losses.

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Definitions:

Restless

The feeling of being unable to stay still or calm, often due to anxiety or boredom.

Receptivity

Whether you “get” (pay attention to, understand) the message.

Intended Audience

The specific group of people that a message, product, or service is aimed at reaching or influencing.

Absorb a Given Message

The process of fully comprehending, internalizing, and accepting a specific piece of information or communication.