Use the Following to Answer Questions

question 84

Multiple Choice

Use the following to answer questions:
Figure: Profit Maximization in Monopolistic Competition
-(Figure: Profit Maximization in Monopolistic Competition) Look at the figure Profit Maximization in Monopolistic Competition. If other firms see economic profits in the industry, they will enter it, and the demand curve for firms already in the industry will shift to the _____; in the long run, this will result in an economic profit _____ and a price _____.

• A) right; equal to zero; equal to ATC
• B) right; greater than zero; greater than ATC
• C) left; less than zero; less than ATC
• D) left; equal to zero; equal to ATC

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Definitions:

IAAF

International Association of Athletics Federations, now World Athletics, oversees international track and field competitions.

Gender Inequality

Refers to the disparities in rights, responsibilities, and opportunities between males and females.

Essentialist Idea

The belief that certain phenomena are naturally and fundamentally determined by intrinsic properties rather than constructed or variable.

Gender

The physical, behavioral, and personality traits that a group considers normal for its male and female members.