Which of the Following Are True? the Similarities Between Perfect

question 52

Multiple Choice

Which of the following are true? The similarities between perfect competition and monopolistic competition include: (1) no barriers to entry.
(2) profit-maximizing output occurs where MC = MR.
(3) long-run economic profit equals zero.

• A)(1)only
• B)(2)only
• C)(1)and (2)only
• D)(2)and (3)only
• E)(1), (2),and (3)

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Definitions:

Velocity

In data analysis, it refers to the speed at which data is being generated, processed, and analyzed.

Cardinality

In database design, refers to the uniqueness and relationships in data modeling, indicating the number of associations between entities.

Entity

In the context of databases and data modeling, an entity is a thing or object of interest for which data is stored, such as a person, place, item, or event.

Mesh Network

A network topology in which devices are interconnected in a non-hierarchical manner, allowing for direct, dynamic communication between nodes.