In a Perfectly Competitive Market, a Permanent Increase in Demand

question 100

Multiple Choice

In a perfectly competitive market, a permanent increase in demand initially brings a higher price, economic

• A) loss, and entry into the market.
• B) loss, and exit from the market.
• C) profit, and entry into the market.
• D) profit, and exit from the market.

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Definitions:

Donor Organ

A healthy organ removed from one person's body (the donor) for the purpose of transplanting it into another person (the recipient) who needs it.

Plasma Cells

Cells that develop from B cells and produce large volumes of antibodies as part of the immune response.

NK Cells

A type of white blood cell known as Natural Killer cells that plays a crucial role in the body's immune response by attacking cancer and virally-infected cells.

Cytotoxic T Cells

An immune cell specialized in destroying cancer cells, cells infected primarily by viruses, or other types of damaged cells.