In the Long Run It Is Not Possible for a Perfectly

question 112

Multiple Choice

In the long run it is not possible for a perfectly competitive firm to

• A)alter its plant size.
• B)adopt new technology.
• C)replace its antiquated equipment.
• D)adjust its output.
• E)set the product price.

---

Definitions:

Self-disclosure

The process through which individuals share personal, private information about themselves with others.

Bystander

An individual who is present at an event or incident but does not take part.

Emergency Situation

A critical, unexpected event requiring immediate action to prevent or mitigate harm or disaster.

Offer Help

The act of providing assistance or support to someone in need.