Table 4-2 -Refer to Table 4-2

question 41

Multiple Choice

Table 4-2 $$\begin{array} { | c | c | c | c | c | } \hline \text { Price } & \begin{array} { c } \text { FirmA's } \\\text { Quantity } \\\text { Supplied }\end{array} & \begin{array} { c } \text { Firm B's } \\\text { Quantity } \\\text { Supplied }\end{array} & \begin{array} { c } \text { Firm C's } \\\text { Quantity } \\\text { Supplied }\end{array} & \begin{array} { c } \text { Fim D's } \\\text { Quantity } \\\text { Supplied }\end{array} \\\hline \$ 0 & 10 & 0 & 0 & 0 \\\hline \$ 2 & 8 & 3 & 4 & 5 \\\hline \$ 4 & 6 & 6 & 8 & 10 \\\hline \$ 6 & 4 & 9 & 12 & 15 \\\hline \$ 8 & 2 & 12 & 8 & 20 \\\hline \$ 10 & 0 & 15 & 4 & 25 \\\hline\end{array}$$
-Refer to Table 4-2.Which supply schedules obey the law of supply?

• A)Firm A's only
• B)Firm B's,Firm C's,and Firm D's only
• C)Firm A's and Firm C's only
• D)Firm B's and Firm D's only

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Definitions:

Needs Fulfillment

The process of satisfying fundamental human needs, such as those for food, shelter, companionship, and esteem, which are essential for well-being and personal development.

Fourth Stage

Referring to the fourth phase in various developmental theories, it often implies a specific period focusing on a particular challenge or achievement.

Crisis Experience

A critical event or period of significant stress in an individual's life, often resulting in profound personal growth or change.

Favorable Outcome

A result or end that is considered to be beneficial, positive, or desirable, often used in the context of therapy or intervention studies.