In a Market System, More Resources Will Move Toward an Industry

question 137

Multiple Choice

In a market system, more resources will move toward an industry and expand its production if the industry has

• A) positive revenues.
• B) positive costs.
• C) TC < TR.
• D) TC > TR.

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Definitions:

Obligations

Duties or commitments imposed by law, contract, or moral responsibilities.

Monetary Damages

Compensation awarded to a plaintiff in a lawsuit as a monetary payment for losses or injuries incurred.

Legal Remedies

Solutions provided by a court of law, typically involving compensation or specific performance as a resolution to a legal dispute.

Equities

Financial assets representing ownership in a corporation, such as stocks, or a means to assess fairness or justice within the context of legal proceedings.