​If a Firm in a Perfectly Competitive Industry Is Experiencing

question 62

Multiple Choice

​If a firm in a perfectly competitive industry is experiencing higher than normal returns,in the long-run

• A)​Some firms will leave the industry and price will rise
• B)Some firms will enter the industry and price will rise
• C)Some firms will leave the industry and price will fall
• D)​Some firms will enter the industry and price will fall

Comprehend the importance of feedback in the communication process.

Differentiate between formal and informal communication in organizations.

Understand the functions and types of horizontal communication within a workplace.

Understand the definitions and concepts related to waste products in mining such as tailings, gangue, spoil, and acid mine drainage.

---

Definitions:

Feminization of Poverty

The phenomenon where women are more likely than men to live in poverty, often due to wage gaps, single motherhood, and a lack of access to well-paid jobs.

Gendered Health Issues

Health problems specifically related to or more prevalent in one gender due to biological, social, and cultural factors.

Life Expectancy

The average number of years an individual or a population is expected to live based on statistical analysis, reflecting overall health conditions and quality of life in a given area.

Intersectionality

A concept that identifies how different categories of inequality (race, class, gender, etc.) intersect to shape the lives of individuals and groups.