Which Statement Is True About the Perfect Competitor in the Short

question 345

Multiple Choice

Which statement is true about the perfect competitor in the short run?

• A)He may make a profit,but he won't take a loss.
• B)He may take a loss,but he won't make a profit.
• C)He will break-even.
• D)None of the statements are true.

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Definitions:

Non-Supportive

Lacking encouragement or assistance from others, often resulting in a negative impact on morale or success.

Effective Feedback

Constructive information or criticism given to someone which is intended to help improve or correct future actions.

Instruction

Direction or commands given for the purpose of teaching or educating.

Motivation

The process or factors that stimulate enthusiasm and willingness in individuals to pursue activities or goals.