If Firms in a Competitive Market Are Making Positive Economic

question 44

Multiple Choice

If firms in a competitive market are making positive economic profits,the long-run market supply curve

• A) is above the point where the short-run market supply curve and the demand curve intersect.
• B) is below the point where the short-run market supply curve and the demand curve intersect.
• C) and the short-run market supply curve and the demand curve all intersect at the same point.
• D) shifts upward.
• E) shifts downward.

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Definitions:

Keratinocytes

The primary type of cells found in the epidermis, responsible for the production of keratin.

Melanocytes

Cells located in the bottom layer of the skin's epidermis and in the eye, responsible for producing melanin, the pigment that gives skin its color.

Keratinocytes

The predominant cell type in the epidermis, responsible for the production of keratin, a protein that helps protect the skin from environmental damage.

Melanosomes

Organelles within cells that synthesize, store, and transport melanin, the pigment responsible for skin, hair, and eye color.