You Sell Your Good in a Perfectly Competitive Market Where

question 189

Multiple Choice

You sell your good in a perfectly competitive market where the market price is $7.00. When you sell 100 units your total revenue is $700. When you sell 101 units

• A) total revenue increases by less than $7.
• B) total revenue increases by exactly $7.
• C) total revenue increases by more than $7.
• D) total revenue may increase or decrease.

---

Definitions:

Trauma Disorders

Trauma Disorders are mental health conditions that arise as a result of experiencing or witnessing traumatic events, characterized by symptoms such as anxiety, depression, and PTSD.

Systematic Desensitization

A behavioral therapy technique used to reduce phobias or anxiety through gradual exposure to the feared object or situation combined with relaxation techniques.

Imaginal Exposure

A therapeutic technique where individuals are guided to vividly imagine and confront the content of their fears or traumatic memories in a safe environment.

Meta-Analysis

An advanced statistical method that combines the outcomes from multiple studies to ascertain trends and evidences across research efforts.