Competitive Firms Will Always Try to Earn More Than a Normal

question 162

Multiple Choice

Competitive firms will always try to earn more than a normal profit by doing the following except

• A) adopting better production technology.
• B) improving their business organization and operation.
• C) developing new products.
• D) raising the prices of their existing products.

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Definitions:

Brain Activity

The functioning of the brain involving electrical impulses, chemical reactions, and neural connections, which can be monitored and measured through various techniques.

Psychoactive Drug

A chemical substance that changes brain function and results in alterations in perception, mood, consciousness, cognition, or behavior.

Appetite

The desire to eat food, felt as hunger; a natural, instinctual response to the body's need for nutrition.

Pulse Rate

The number of times the heart beats per minute, indicating the heart rate and providing insights into one's cardiovascular health.