Suppose That Demand Increases

question 81

Multiple Choice

Suppose that demand increases. If the total cost curves for the firms do not change with the number of firms:

• A) the minimum average total cost, equilibrium price, output per firm, total market quantity, and number of firms will all increase.
• B) the minimum average total cost, output per firm, total market quantity, and number of firms will increase, but equilibrium price will decrease.
• C) the minimum average total cost, equilibrium price, and output per firm will not change, but total market quantity and the number of firms will increase.
• D) the output per firm, total market quantity, and number of firms will increase, but equilibrium price and minimum average total cost will decrease.

Grasp the theoretical perspectives on power distribution within society, including elite and pluralist theories.

Discuss mechanisms of direct democracy such as referendums and initiatives.

Identify the purposes and historical objectives of government.

Illustrate the safeguards in modern democracies to prevent the oppression of minorities.

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Definitions:

Violent Behavior

Refers to actions involving physical force intended to hurt, damage, or kill someone or something.

Variables

Two or more phenomena that a researcher believes are related; these will be examined in the experiment.

Contemporary Media

Refers to modern forms of media that are currently in use, including digital newspapers, social media, online videos, and more, which play a significant role in shaping public opinion and culture.

Scientific Method

A procedure for acquiring knowledge that emphasizes collecting concrete data through observation and experimentation.