In a Market System, Resources Will Move Away from an Industry

question 78

Multiple Choice

In a market system, resources will move away from an industry when

• A)profits of firms in the industry are rising.
• B)demand for the industry's product is decreasing.
• C)the production of output in the industry is rising.
• D)profits of firms in other industries are falling.

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Definitions:

Social Buzz

The widespread talk or attention a topic receives on social media platforms, often driven by public interest or notable events.

CSR Initiative

is a program or project undertaken by a company to improve society, the environment, and its relationship with stakeholders, embodying corporate social responsibility.

Trade Publication

A magazine or journal published for and read by members of a particular trade group, offering industry-specific news and analysis.

Environmental Blog

A blog focused on topics related to the environment, sustainability, and ecological conservation efforts.