Which of the Following Statements About Running Times of Algorithms

question 8

Multiple Choice

Which of the following statements about running times of algorithms is correct?

• A) An algorithm that is O(1) means that only one comparison takes place.
• B) When determining the running time, constants are not taken into consideration.
• C) When determining the running time, lower-order terms must be taken into consideration.
• D) An algorithm that is O(n) means that the number of comparisons does not grow as the size of the array increases.

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Definitions:

Price-Setting Process

The method by which a company determines the selling price of its products or services, often involving cost analysis, market research, and competitive strategy.

Estimating Demand

The process of forecasting the potential market demand for a product or service based on various factors like market trends, consumer behavior, and historical data.

Price-Setting Process

The approach or methods used by businesses to determine the selling price of their products or services, taking into account costs, demand, and competitive prices.

Market Segmentation

The practice of segregating a market into unique segments of consumers with diverse needs, attributes, or actions who may need different products or marketing tactics.