COGNITIVE ASSESSMENT Which of the Following Is NOT True About

question 60

Multiple Choice

COGNITIVE ASSESSMENT Which of the following is NOT true about presentation software?

• A) Presentations are visual aids to communicate information to a group.
• B) Presentations are viewed as clip shows.
• C) Presentation software typically provides a variety of layouts for each slide.
• D) When building a presentation, users can set the timing and add special effects.

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Definitions:

Purely Competitive

Purely competitive markets are those in which numerous small firms compete against each other, and the price of goods or services is determined by the market with no single participant having significant control over it.

Imperfectly Competitive

Describes markets where individual sellers have some control over the prices due to lack of perfect competition, includes monopolistic competition, oligopoly, and monopoly markets.

Perfectly Competitive Market

A theoretical market structure characterized by many buyers and sellers, free entry and exit, and a homogeneous product, leading to an efficient allocation of resources.

Resource Demand

The need for resources by businesses or the economy to produce goods and services.