Which resistor is in series with resistor R? 
Definitions:
Average Total Cost
The total cost of production divided by the total quantity produced, representing the per-unit cost of production.
Long-Run Equilibrium
A state in which all factors of production and economic variables are in balance, with no external pressures forcing change.
Demand Decreases
A situation where the quantity of a product or service that consumers are willing to buy at a given price drops, often due to changes in preferences, income, or substitutes.
Industry Exit
The process or act of businesses leaving a particular market or industry, often due to unfavorable conditions or better opportunities elsewhere.
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