Use the Following to Answer Questions

question 205

Multiple Choice

Use the following to answer questions:
Figure: Game-Day Shirts
-(Figure: Game-Day Shirts) Rick is one of 10 vendors who sell game-day T-shirts at football games in a perfectly competitive market. His costs are identical to the costs of the other 9 vendors. If the price of a shirt is $11, in the long run:

• A) firms will enter the industry.
• B) firms will exit the industry.
• C) the industry is in equilibrium.
• D) the industry has maximized average total cost.

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Definitions:

Basal Ganglia

Groups of neurons located deep in the brain that play a key role in movement control and learning.

Amygdala

A structure located near the base of the brain that is believed to play a role in emotion, especially negative emotions such as anger and fear.

Interneurons

Interneurons are neurons that connect sensory and motor neurons, enabling communication within the central nervous system.

Afferent Nerves

Nerves that carry sensory signals from organs and tissues in the body to the brain or spinal cord.