Select the Answer That Correctly Spells the Word with the Suffix

question 17

Multiple Choice

Select the answer that correctly spells the word with the suffix added. hero + s/es

• A) heros
• B) heroes

---

Definitions:

Purely Competitive Firm

refers to a company that operates in a market where there are many buyers and sellers, no barriers to entry, and the product is a commodity, leading the firm to be a price taker.

Monopolistic Competition

An economic model featuring a multitude of firms that market products which are alike but not the same, enabling a certain amount of market control and differentiation of products.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers.