For the Firm, the Demand Curve Shows Average

question 40

Multiple Choice

For the firm, the demand curve shows average

• A) revenue
• B) cost
• C) profit

---

Definitions:

Personal Dispositions

Patterns of thought, feeling, and behavior that are unique to an individual, contributing to how one responds to their environment.

Attitudes

Attitudes are psychological tendencies expressed by evaluating entities with some degree of favor or disfavor.

Attribution

The process by which individuals explain the causes of behavior and events, often as either internal dispositions or external situations.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting beliefs, ideas, or values.