The Elimination Principle States That ______ Normal Profits Are Eliminated

question 77

Multiple Choice

The elimination principle states that ______ normal profits are eliminated by ______, and ______ normal profits are eliminated by ______.

• A) above-; prices; below-; costs
• B) below-; prices; above-; costs
• C) below-; entry; above-; exit
• D) above-; entry; below-; exit

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Definitions:

Homophobia

The fear, hatred, or prejudice against homosexual people or homosexuality in general, often leading to discrimination.

Oedipus Complex

According to Freud, a boy’s intense desire to replace his father and enjoy the affections of his mother.

Affections

The feelings of fondness or liking directed toward someone or something.

Mother

A female parent who may also play a pivotal role in child-rearing and emotional nurturing.