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If Firms in a Competitive Market Are Making Positive Economic

question 98

Multiple Choice

If firms in a competitive market are making positive economic profits,you would expect firms to ________ the market,causing the ________ curve to shift to the ________.


Definitions:

Superego

A component of Sigmund Freud's psychoanalytic theory, representing the moral conscience and the internalization of societal standards and parents' rules.

Copulatory Stage

The phase in sexual reproduction that involves the physical act of copulation or intercourse.

Psychosexual Development

A theory proposed by Freud that children go through a series of stages in which they confront conflicts between biological drives and social expectations, with successful navigation resulting in a healthy personality.

Reaction Formation

A mechanism of defense in which a forbidden impulse is turned into its opposite.

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