If Perfect Competitors Are Making Profits in the Short Run,then

question 286

Multiple Choice

If perfect competitors are making profits in the short run,then in the long run there will be _____ firms in the industry and market price will ____.

• A)fewer;rise
• B)fewer;fall
• C)more;rise
• D)more;fall

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Definitions:

Higher-intensity

A level of exercise or activity that requires more physical effort, typically resulting in increased heart rate and faster breathing than usual.

Cardiorespiratory Fitness

The ability of the heart, lungs, and blood vessels to supply oxygen to working muscles during physical activity efficiently.

Pyruvic Acid

A three-carbon molecule central to energy production and metabolic pathways in cells.

Creatine Phosphate

A high-energy compound stored in muscles, utilized during short bursts of intense physical activity.