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Use the following to answer questions:
Figure: The Market for Gas Stations Use the following to answer questions: Figure: The Market for Gas Stations   -(Figure: The Market for Gas Stations)  The figure The Market for Gas Stations shows curves facing a typical gas station in a large town. The market is characterized by many firms, differentiated products, easy entry, and easy exit. If the gas station here is typical, then in the long run, we would expect to observe: A)  a few gas stations leaving the market. B)  new gas stations entering the market. C)  neither entry nor exit. D)  many gas stations leaving the market.
-(Figure: The Market for Gas Stations) The figure The Market for Gas Stations shows curves facing a typical gas station in a large town. The market is characterized by many firms, differentiated products, easy entry, and easy exit. If the gas station here is typical, then in the long run, we would expect to observe:


Definitions:

Avoidant Personality Disorder

A personality disorder in which the person is unwilling to enter into relationships without assurance of acceptance because of fears of rejection and criticism.

Illness Anxiety Disorder

A somatoform disorder characterized by persistent belief that one is ill despite lack of medical findings.

Hoarding Disorder

A mental health condition characterized by persistent difficulty discarding or parting with possessions due to a perceived need to save them.

Illness Anxiety Disorder

A chronic condition characterized by excessive concern and anxiety about having or acquiring a serious undiagnosed medical illness.

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