If a Firm in a Perfectly Competitive Market Facing a Market

question 28

Multiple Choice

If a firm in a perfectly competitive market facing a market price of $8 decides to increase its production from 300 units to 550 units, the firm's total revenue will:

• A)increase from $2,400 to $4,400.
• B)decrease from $4,400 to $2,400.
• C)stay the same at $8.
• D)likely rise, but it cannot be determined by how much.

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Definitions:

Gender Identity

An individual's personal sense of their own gender, which may or may not align with the sex they were assigned at birth.

Emphasized Femininity

Emphasized femininity refers to a set of socially constructed ideas about female behavior that emphasizes traits like submissiveness, empathy, and nurturing, often in relation to male dominance in gender relations.

Hegemonic Masculinity

A concept in sociology that describes the practices that promote the dominant social position of men, and the subordinate social position of women.

Hegemonic Masculinity

A concept that describes the cultural ideal of manhood, which privileges dominance, heterosexuality, authority, and competitiveness.