The Perfect Competitor Produces at Peak Efficiency in the Long

question 44

Multiple Choice

The perfect competitor produces at peak efficiency in the long run,

• A)because any profits in the short run would attract new firms to the market in the long run until profits are eliminated.
• B)because any losses in the short run would force some existing firms to leave the market in the long run until losses are eliminated.
• C)Both of the above choices are true.

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Definitions:

Sexual Behavior

Actions or practices related to the expression of sexuality and sexual attraction.

Asexual

An orientation where an individual does not experience sexual attraction towards others.

Paraphilic

Pertaining to paraphilias, which are intense and persistent sexual interests outside of normative, consensual sexual activities.

Transgender

Describes individuals whose gender identity differs from the sex they were assigned at birth.