Which of the Following Is Not a Factor That Automatically

question 250

Multiple Choice

Which of the following is not a factor that automatically pushes firms in pure competition to earn only normal profits in the long run?

• A)entry of new firms
• B)exit of some firms
• C)changes in the firms' plant size
• D)changes in the market demand

---

Definitions:

Cognitive Processes

Mental activities involved in acquiring, storing, retrieving, and using information, such as perception, memory, and reasoning.

Learning

The process through which experience or practice results in a relatively permanent change in behavior or potential behavior.

Memory

The cognitive function that allows an individual to store, retain, and recall information from past experiences.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, including heart rate, digestion, and respiratory rate, comprised of sympathetic and parasympathetic divisions.