Job withdrawal is a set of behaviors that discontented individuals display to avoid the work situation physically, mentally, or emotionally.

Refer to Figure 15.1. In this industry, in the long run

A) firms will continue to earn economic profits.
B) firms will enter until all firms earn a normal profit.
C) demand for the product will decrease so that profits are decreased.
D) the government will impose price controls to eliminate any economic profits.

The circular flow model is not used anymore because it fails to perfectly replicate real world situations.