Which of the Following Unit Conversions Are Useful and Correct

question 44

Multiple Choice

Which of the following unit conversions are useful and correct for converting 312 mg to kilograms? 1 mg = 1,000 g
1,000 mg = 1 g
1 kg = 1,000 g
1,000 kg = 1 g
I
II
III
IV
​

• A) I and III
• B) II and IV
• C) I and IV
• D) II and III
• E) All of them are useful.

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Definitions:

Differentiated Product

A product that is distinguished from similar products in the market by unique characteristics or features, often leading to brand loyalty.

Horizontal Demand Curve

Represents a situation in economics where the demand for a good is extremely sensitive to changes in price, indicative of perfect elasticity.

Oligopolist

A company operating within an oligopoly market structure, where a small number of firms have a large majority of market share and can influence prices and competition.

Non-price Competition

A strategy by businesses to attract customers through methods other than lowering prices, such as quality improvement, marketing, or product differentiation.