Which of the Following Statements Correctly Differentiates Between Passive and Active

question 34

Multiple Choice

Which of the following statements correctly differentiates between passive and active solar energy?

• A) Passive solar energy heats areas by natural radiation, conduction, and convection, while active solar energy heats areas by the circulation of solar- heated water.
• B) Passive solar energy can be used in areas where there is abundant sunshine, while active solar energy is transported from sunnier regions to regions receiving very little sunshine.
• C) Passive solar energy is used to generate heat, while active solar energy is used to generate electricity.
• D) Passive solar energy is used for stationary purposes, such as the heating of a building, while active solar energy is used for transportable purposes, such as running an electric car.

Understand the concept of excess capacity in monopolistically competitive markets.

Comprehend the pricing behavior of monopolistically competitive firms in the short and long run.

Identify measures of industry concentration and their implications.

Understand the elasticity of demand in monopolistically competitive markets.

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Definitions:

Cognitive Dissonance

A state of psychological discomfort caused by holding two conflicting beliefs, values, or attitudes.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses, while giving disproportionately less consideration to alternative possibilities.

Fundamental Attribution Error

The tendency to overemphasize personal traits and minimize situational factors as causes of other people's behavior.

Internal Attributions

The process of assigning the cause of behavior to internal characteristics, traits, or abilities of the individual.