In a Positive Feedback System, _______

question 52

Multiple Choice

In a positive feedback system, _______.

• A) a change in a condition that varies from the steady state sets off events that intensify the change
• B) a stressor inhibits a response
• C) a change in a condition that varies from the steady state triggers an opposite response
• D) homeostasis is maintained by a variable stressor

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Definitions:

Monopolist

An entity that is the sole provider of a particular product or service, controlling the market and setting prices without competition.

Marginal Revenue

The additional income received from selling one more unit of a product.

Marginal Cost

The additional cost resulting from the production of one more unit of a product or service.

Profit Maximizing

The procedure a business uses to ascertain the most profitable price and volume of output.