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COGNITIVE ASSESSMENT You are outside in a public park with your friend. Both of you have Wi-Fi devices. For the devices to communicate with each other, what is the maximum distance they can be apart?
Quantity
The amount or number of a material or product which is available, produced, or consumed.
Price Floor
A government- or authority-imposed minimum price that can be charged for a good or service, intended to prevent prices from falling too low.
Equilibrium Price
The price at which the quantity of a good or service demanded by consumers matches the quantity supplied by producers, resulting in no surplus or shortage.
Market Price
The actual selling price of a good or service in the market at which it can be bought or sold.
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