Match the Terms with Their Correct Meanings

question 95

Multiple Choice

Match the terms with their correct meanings.
-Microscopic nerve fiber that carries impulse from the cell body along the nerve cell

• A)acetylcholine
• B)glial cell
• C)central nervous system
• D)autonomic nervous system
• E)parenchyma
• F)myelin sheath
• G)axon
• H)synapse
• I)dendrite
• J)sensory nerve

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Definitions:

X-inefficiency

The difference between efficient behaviors of businesses in a competitive market and their actual behaviors due to lack of competitive pressure.

Decreasing-cost Industry

An industry in which the costs of production decrease as the industry grows and output increases.

Decreasing-cost Industry

An industry in which the costs of production per unit decrease as the industry grows and output increases.

Long-run Equilibrium

A state in which all factors of production and outputs are adjusted so that prices, supply, and demand are stable over time.