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The demand and supply curves shown below apply to a competitive market for a factor used in the production of widgets. FIGURE 13-2
-Refer to Figure 13-2.This factor market is initially in equilibrium at point B,but changes occur that cause the equilibrium to shift to point D (S curve shifts left) .At the new equilibrium,total factor earnings ________ compared to the initial equilibrium.
Tolerance
A physiological state where increased amounts of a substance are required to achieve the same effect previously attained with a smaller dose.
Therapeutic Level
The concentration range of a drug in the bloodstream that maintains desired effects without causing toxicity.
Peak Action
The time at which a drug reaches its maximum concentration in the blood, resulting in the maximum intended effect.
Onset of Action
The time it takes for a drug to start producing its therapeutic effect after administration.
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