Which of the Following Is True

question 43

Multiple Choice

Which of the following is true?

• A) The long run supply curve for a competitive increasing cost industry will be upward sloping.
• B) The long run supply curve for a competitive increasing cost industry will be more elastic than the industry's short run supply curve.
• C) The long run supply curve for a competitive increasing cost industry will be horizontal.
• D) Both (a) and (b) are true.

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Definitions:

Intrasender Role Conflict

A situation where an individual receives conflicting demands or messages from the same source regarding their role.

Person-Role Conflict

A type of conflict experienced when an individual's personal values, beliefs, or needs are in contradiction with the expectations of their organizational role.

Intersender Role Conflict

A situation where an individual receives conflicting expectations or messages about their role from different sources, leading to stress and confusion.

Repression

A defense mechanism where distressing thoughts, memories, or desires are unconsciously pushed out of conscious awareness.