Which of the Following Forces Does Not Play a Major

question 120

Multiple Choice

Which of the following forces does not play a major part in the adjustments of a monopolistically competitive industry toward its long-run equilibrium?

• A)profits/losses making firms enter or exit the industry
• B)firms expanding or shrinking their productive capacity
• C)introduction of new products and patents
• D)shifts in the demand curves of individual firms as the industry expands or contracts

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Definitions:

Newborn

An infant that is in its first few hours to weeks of life outside the uterus, requiring specific care and medical attention.

Growth and Development

The process by which living organisms increase in size and undergo changes in their structure, capabilities, and function.

Neonate

An infant during the first 4 weeks of life.

Diabetes

A chronic condition characterized by high levels of sugar in the blood, usually due to insulin resistance, deficiency, or both.