Graph a Shows the Market Demand and Supply in a Perfectly

question 85

Multiple Choice

Graph A shows the market demand and supply in a perfectly competitive market.Graph B shows the cost curves of a representative profit-maximizing firm in that industry.

-Refer to the above graph to answer this question.Suppose that the industry demand were to increase by 3,000 units.At the new equilibrium,what will be the firm's total profit or loss?

• A)Profit of $50.
• B)Profit of $6,400.
• C)Profit of $10.000.
• D)Profit of $12,000.
• E)The firm will break even.

Acknowledge the role of genetics and environment (nature vs. nurture) in shaping personality traits.

Understand the principles and effects of persuasion in communication.

Recognize the psychological theories related to persuasion, including the elaboration likelihood model.

Identify the factors influencing the effectiveness of persuasive messages.

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Taxi

A vehicle licensed for transporting passengers in exchange for payment, typically equipped with a meter to calculate fares based on time or distance.

Chocolate Bar

A confectionery item made from cocoa, typically sweetened and formed into a rectangular shape for consumption.

Piece of Metal

A solid, typically hard and malleable material characterized by its metallic properties, often used in construction and manufacturing.

Damaged Tooth

A tooth that is broken, chipped, or decayed, which can affect its appearance and functionality.