There Is No Incentive for Additional Producers of an Information

question 163

Multiple Choice

There is no incentive for additional producers of an information product to enter the industry when the price charged for these products by each firm already in the industry is equal to

• A) marginal cost.
• B) average total cost.
• C) average fixed cost.
• D) average variable cost.

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Definitions:

Atypical Anorexia Nervosa

Disorder characterized by all the criteria for anorexia nervosa except that despite significant weight loss, the weight of the affected individual remains within or above the normal range.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a classification and diagnostic tool published by the American Psychiatric Association used in psychiatry and psychology.

Normal Weight

A weight classification based on body mass index (BMI) that is considered healthy and not underweight or overweight.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, published by the American Psychiatric Association, used for diagnosing mental disorders.