Use the Following to Answer Questions

question 71

Multiple Choice

Use the following to answer questions:
-(Table: Cherry Farm) Look at the table Cherry Farm. If all farms are the same size, how much economic profit will each farm earn when the industry is in long-run equilibrium?

• A) $0
• B) $100
• C) -$200
• D) $1,000

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Definitions:

Checking Compulsion

A compulsion in which people feel compelled to check the same things over and over.

Nonpathological Caution

A level of prudence or vigilance that is considered normal and healthy, not indicative of a psychological disorder.

Obsessive-Compulsive-Related Disorders

A group of disorders in which obsessive-like concerns drive people to repeatedly and excessively perform specific patterns of behavior that greatly disrupt their lives.

Exposure Therapies

Psychological treatments that involve the exposure to feared stimuli or situations in order to reduce anxiety and desensitize individuals to the source of their fear.