Which of the Following Is False

question 169

Multiple Choice

Which of the following is false?

• A) Economists believe that they can understand most markets by applying the model of demand and supply.
• B) When economists apply the model of demand and supply, they are using the model of perfect competition.
• C) Many changes in the past 20 years have made markets more competitive by increasing ease of entry.
• D) Price-taking firms produce differentiated goods.

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Definitions:

Mouse Operations

Actions performed using a computer mouse, such as clicking, double-clicking, dragging, and scrolling, to interact with software applications.

Touchscreen Capability

The feature of a device that enables user interaction and input through direct touch gestures on its screen, enhancing usability.

Gestures

Movements of the body parts, especially hands and fingers, to convey information or interact with touchscreen devices.

Encryption

The method of transforming data or information into a secret code to protect it from unauthorized entry.