Write the Word or Phrase That Best Completes Each Statement

question 215

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
Provide the missing information.
-The length of the longer leg of a right triangle is 14 ft longer than the length of the shorter leg x. The hypotenuse is 6 ft longer than twice the length of the shorter leg. Find the dimensions of the
Triangle.

• A) Short leg = 11, long leg = 25, hypotenuse = 28
• B) Short leg = 9, long leg = 23, hypotenuse = 28
• C) Short leg = 9, long leg = 23, hypotenuse = 24
• D) Short leg = 10, long leg = 24, hypotenuse = 26

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Definitions:

Long-Run Economic Profit

The sustainable profit a firm earns over time, assuming entry and exit in the market are possible and adjustments have been made.

Self-Interest

An individual's personal gain or advantage, especially when pursued without regard for others.

Price-Taker Markets

Markets in which individual sellers or buyers have no control over setting prices and must accept the prevailing market price.

Homogeneous Product

Products that are of the same quality and are indistinguishable by buyers.