Any Item That You Must Carry to Gain Access to a Computer

question 30

Multiple Choice

Any item that you must carry to gain access to a computer or computer facility is called a(n) ____.

• A) proxy object
• B) possessed object
• C) access object
• D) smart object

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Definitions:

Contestable Markets

Markets where the entry and exit of firms are so easy that the market always remains competitive, ensuring that prices remain close to marginal costs.

Barriers To Entry

obstacles that make it difficult for new competitors to enter a market, including high startup costs, access to technology, and stringent regulations.

Competitive

Characterizes a market scenario where multiple sellers strive to attract customers by offering better terms, prices, or products.