Which of the Following Statements Is TRUE

question 127

Multiple Choice

Which of the following statements is TRUE?

• A) Even entrepreneurs cannot earn above-normal profits in a competitive marketplace.
• B) In a competitive market, above-normal profits will be eliminated by entry of new firms.
• C) In a competitive market, below-normal profits are common.
• D) The most profitable firms will always have the lowest opportunity costs.

---

Definitions:

Virtualization

The process of creating a virtual rather than actual version of something, including but not limited to a virtual computer system.

Incorrect Proxy Server Configuration

Errors or misconfigurations in proxy server settings that can lead to network connection issues, restricted access, or security vulnerabilities.

Incorrect Default Gateway

A configuration error where the gateway in a network setting does not correctly route traffic to the internet or other networks.

Disk Management

Disk Management is a utility in Windows that enables users to perform advanced storage tasks such as initializing new disks, resizing partitions, and formatting disk volumes.