Match the Term with the Appropriate Description

question 117

Multiple Choice

Match the term with the appropriate description.
-germinal centers

• A)lipids that cause smooth muscle relaxation and vasodilation
• B)lymph nodules aggregated in the small intestinal wall
• C)rounded epithelial structures found in the medulla of thymus
• D)areas of a lymph node where lymphocytes divide
• E)a chemical released from mast cells that causes vasodilation

Identify the conditions for long-run equilibrium in competitive markets.

Distinguish between short-run and long-run equilibria in relation to firm and market responses.

Interpret how changes in market conditions (demand or supply) affect prices and quantities in both short-run and long-run scenarios.

Understand the roles of firm entry and exit in determining market equilibrium in the long run.