Convert 7  Feet to Centimeters

question 84

Multiple Choice

Convert 7  feet to centimeters. Round to the nearest hundredth.

• A) 700.00 cm
• B) 2,296.56 cm
• C) 213.36 cm
• D) 22.97 cm
• E) 2,133.60 cm

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Definitions:

Natural Monopoly

A market situation where due to high fixed costs or barriers to entry, it is most efficient for production to be concentrated in a single firm.

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Monopolist

A solo seller in a market who has significant control over the pricing and availability of a unique product or service.

Profit-Maximizes

The method or approach of modifying production and pricing to secure the maximum achievable profit.