A Muscle Can Be a Prime Mover or an Antagonist

question 6

True/False

A muscle can be a prime mover or an antagonist, depending on the movement of the joint.

Understand the implications of market dynamics on resource allocation and industry supply in the long run.

Recognize the transformative impact of competition on societal welfare through innovation and efficiency.

Understand the conditions for long-run equilibrium in purely competitive markets and the achievement of normal economic profits.

Recognize the allocation efficiency in pure competition where production occurs at the output level where P = MC.