Use the Following to Answer Questions

question 291

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 $6, the short-run industry supply will be _____ shirts.

• A) 0
• B) 140
• C) 220
• D) 240

---

Definitions:

Identity

The qualities, beliefs, personality, looks, and/or expressions that make a person or group distinct from others.

Psychosocial Development

Change with age in the psychological processes of interpersonal understanding, skills, and values that affect an individual’s capacity for interpersonal relationships, including friendships.

Vocational Identity

An individual's self-concept related to their occupations and careers, reflecting their goals, values, and interests in the work sphere.

Working Class Family

A family belonging to the socioeconomic group that traditionally performs manual labor and is paid wages.