1. For perfect competition, if P> min ATC, it means a. The firm breaks even
c. The firm is profitable
b. The firm incurs loss
d. The firm will exit the industry
2. In perfect competition market, in the short run, the firm decides to shut down if.
a. TR c. P b. TR/Q d. All of the above
3. In perfect competition, in the long run, the firm exits from the market if
a. TR c. P b. TR/Q d. All of the above

Two police officers stopped a car for a minor traffic violation. while one of the officers dealt with the driver and the traffic violation, the other officer talked with the passenger. seeking to question the passenger about gang involvement, but lacking reasonable suspicions of criminal activity, the officer ordered the passenger out of the car. as the passenger exited the car, the officer saw a bulge in the passenger's coat which the officer suspected might be a gun. upon patting down the passenger, the officer felt the handle of a revolver and removed the gun. the passenger, who was a convicted felon, was charged with the possession of a gun by a prohibited possessor. prior to trial, the defendant sought to suppress the gun as evidence, contending that its seizure was unconstitutional. should the court suppress the gun as evidence? ayes, because, since the car had been stopped for a traffic violation, the officer could not order the passenger, who had not committed the violation, to exit the car. byes, because, since the officer lacked reasonable suspicion that the passenger was engaged in criminal activity, the officer could not pat down the passenger. cno, because a valid traffic stop gives an officer the right to pat down a passenger. dno, because the gun was discovered as a consequence of a valid terry stop and frisk.

What was the social class pyramid during the civil war?

Which of the following was featured in the middle-class lifestyle of the gilded age? a new emphasis on acquiring goods a return to classical ideals renewed interest in controlling journalists a reflection of rural values