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If a Password Used on a Site Like the One

question 86

Multiple Choice

  If a password used on a site like the one shown in the accompanying figure is 4 characters long, the average time it would take a computer to discover the password is ____. A) 1 second B) 30 seconds C) 7 minutes D) 2 hours If a password used on a site like the one shown in the accompanying figure is 4 characters long, the average time it would take a computer to discover the password is ____.


Definitions:

Marginal Revenue

The increase in earnings from the sale of one additional unit of a good or service.

Competitive Price-Taker

An enterprise that is unable to dictate the market price and thus must conform to the current market price for its offerings.

Monopoly

A market structure where a single supplier dominates the market, often leading to higher prices and less innovation due to lack of competition.

Profit-Maximizing Monopolist

A single seller in a market that determines the quantity of goods to produce and sell in order to achieve the highest possible profits.

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