In the Long Run, the Market Price Tends to Adjust

question 261

True/False

In the long run, the market price tends to adjust toward the equilibrium point.

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Definitions:

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Positive Organizational Behavior

The study and application of positively oriented human resource strengths and psychological capacities that can improve workplace performance.

Elements

Fundamental components or aspects that make up a whole, which can be physical substances, principles, or factors.

Underlying Behaviors

Fundamental actions or conduct that are not immediately visible but influence observable behaviors.