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When caught off guard by the crash of thunder, 2-month-old Diane arches her back, flails her arms outward, and then quickly brings them together in an embrace.Which of the following reflexes did the loud crash of thunder trigger?
Profit-Maximizing Firm
A company's aim to achieve the highest possible profit through adjusting its production and pricing strategies.
Total Revenue
The total amount of money received by a company from its sales of goods or services.
Elastic Supply Schedule
A situation where the quantity supplied of a good changes significantly when its price changes.
Marginal Revenue Product
the additional revenue generated from using one more unit of a factor of production, holding other factors constant.
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