Which of the Following Is Equivalent to 1200

question 9

Multiple Choice

Which of the following is equivalent to 1200%?

• A)0.12
• B)12
• C)120
• D)1.2

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Definitions:

Competitive Firms

Businesses that operate in a market environment where they vie with others to offer goods or services, focusing on price, quality, and innovation.

Monopolists

Individuals or entities that hold a monopoly, controlling the entire supply of a good or service in a particular market, eliminating competition.

Long Run

A period in which all factors of production and costs are variable, allowing firms to adjust to market conditions.

Plant Size

The physical capacity or scale of a manufacturing facility, which can influence production output and operational efficiency.