In the Past Year,Thatcher Was Laid Off from His Job

question 206

Multiple Choice

In the past year,Thatcher was laid off from his job after 12 years.Before he could find another job,his wife was diagnosed with cancer,and he has been taking care of her ever since.Although he is feeling very tired,he feels his wife's care is his priority.His doctor is becoming increasingly concerned because Thatcher's blood pressure is dangerously high.According to Selye,which stage of GAS is Thatcher presently in?

• A) alarm
• B) resistance
• C) exhaustion
• D) coping

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Definitions:

Interproduct Competition

Interproduct Competition refers to the competition between different products that serve similar purposes, encouraging diversity and improvement in the market.

Monopolistic Competition

A market structure where many companies sell products that are similar but not identical, allowing for competition based on other factors than price.

Economies of Scale

The financial advantages gained by enterprises from their operational size, where the per-unit cost decreases as the operation size increases.

Unit Cost

The cost incurred to produce, manufacture, or acquire one unit of a product or service.