All of These Are Examples of AI in a Self-Driving

question 42

Multiple Choice

All of these are examples of AI in a self-driving car EXCEPT ________.

• A) LIDAR
• B) GPS
• C) tunnel vision
• D) gyroscopes

---

Definitions:

Profit-Maximizing Number

The output level at which a firm achieves the highest possible profit, determined by revenue and cost structures.

Shutdown Quantity

The amount of output at which a company's revenue just covers its variable costs, prompting it to cease operations temporarily if prices fall below this level.

Monopolistically Competitive

This refers to a market structure where many companies sell products that are similar but not identical, allowing for some degree of market power and product differentiation.

Economic Profit

The difference between a firm's total revenues and its opportunity costs, representing the additional gain over what could have been earned in the next best alternative.