Figure 7-13 -Figure 7-13 Shows the Average Total Cost Curves of Four

question 190

Multiple Choice

Figure 7-13

-Figure 7-13 shows the average total cost curves of four firms that produce milk.Some of the dairies are more productive.AR = P is the long-run price of milk.How many of these dairies will remain in the industry in the long run?

• A)all of them
• B)only 2
• C)only 3
• D)cannot determine with information given

Understand how counterattitudinal behavior can lead to attitude change.

Recognize the components that constitute communicator credibility.

Understand the psychological discomfort resulting from cognitive dissonance and methods to reduce it.

Recognize how self-perception theory explains attitude formation and change.

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Definitions:

Systems Theorists

Scholars who study the interconnections and interactions within and among systems in various disciplines.

Behavioral

Relating to the actions or reactions of an individual or group in response to external or internal stimuli.

Scientific Management

An approach to management focused on examining and integrating workflows in order to boost economic performance and elevate productivity among employees.

Self-sufficient Entity

An organization or individual that can fulfill all of its needs without external assistance.