The First Firm in an Industry

question 103

Multiple Choice

The first firm in an industry

• A)will always make an economic profit.
• B)may make an economic profit.
• C)will make a loss but want to stay in business.
• D)will make a loss so large that it wants to shutdown.

Identify the relationship between social situations, psychological states, and alcoholism.

Understand the role of dependency needs in the development of alcoholism.

Understand the concept of controlled drinking and the debate around it.

Identify the consequences and social factors associated with alcohol use and abuse.