Which of the Following Statements Is True

question 125

Multiple Choice

Which of the following statements is true?

• A)A long-run competitive equilibrium can only be achieved in constant-cost industries.
• B)When an industry achieves a long-run competitive equilibrium, industry output will not change in the future.
• C)A long-run competitive equilibrium outcome is not economically efficient.
• D)When an industry reaches a long-run competitive equilibrium, the typical firm in the industry breaks even.

---

Definitions:

Preventing Infection

Measures and practices designed to prevent the spread of infectious diseases and protect against infection.

Patient Identification

The process of accurately identifying a patient using assigned identifiers to ensure they receive the intended medical treatment.

Mistakes in Surgery

Errors or complications that occur during surgical procedures, potentially leading to negative outcomes for the patient.

Preoperative Nurse

A nursing professional who prepares and educates patients for surgery and manages their care before the procedure.