Write the Decimal Number in Binary Form. 47

question 89

Multiple Choice

Write the decimal number in binary form. 47

• A) 101110
• B) 110110
• C) 101111
• D) 110111
• E) 110000

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Definitions:

Bilateral Monopoly

Market with only one seller and one buyer.

Bargaining Power

The relative capacity of parties in a negotiation to exert influence on each other, often influencing the terms and conditions of agreements.

Single Buyer

A market situation where there is only one buyer, or consumer, for a particular product or service, often leading to monopsony power.

Single Seller

A market structure where there is only one provider of a particular product or service, leading to monopoly.