Microbial Proteases Are Used

question 60

Multiple Choice

Microbial proteases are used

• A) in the production of linen.
• B) as preservatives.
• C) in spot removers.
• D) as a component of fabric dyes.
• E) to biodegrade plastics.

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Definitions:

Price Discrimination

The practice of charging different prices for the same product or service to different consumers, based on their willingness to pay.

Pure Monopoly

refers to a market structure where a single company or entity has exclusive control over a particular good or service, eliminating direct competition.

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and opportunity costs.

Profit-Maximizing

The process or strategy by which a company determines the price level and production volume that generates the most profit.