Lack of Body Fluids Is to Thirst as ________ Is

question 143

Multiple Choice

Lack of body fluids is to thirst as ________ is to ________.

• A) motivation;emotion
• B) need;drive
• C) homeostasis;hunger
• D) incentive;instinct

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Definitions:

Purely Competitive

Refers to a market structure characterized by a large number of buyers and sellers, where all firms offer identical products and there is free entry and exit.

Profit-maximizing Level

The output level at which a firm achieves the highest possible profit.

Short-run

In economics, a period wherein at least one input (like capital) is fixed, and firms can only adjust variable inputs (like labor).

Normal Profits

The level of profit necessary to keep a firm in a specific industry or market in the long run, equating to the firm’s opportunity costs.