Consider the Following Characteristics of a Particular Industry: - Each

question 108

Multiple Choice

Consider the following characteristics of a particular industry: - each firm faces a demand curve with price elasticity greater than 10 000
- each firm produces at a minimum efficient scale in long-run equilibrium
This industry is likely to be

• A)an oligopoly.
• B)highly concentrated.
• C)monopolistically competitive.
• D)perfectly competitive.
• E)a cartel.

Describe the components and dimensions of self-esteem.

Differentiate between discriminating based on skin color and recognizing differences.

Understand Carol Dweck's concept of fixed and growth mindsets.

Explain the role of adults in supporting the development of high self-esteem and a growth mindset in children.