The Odd-Even Transposition Algorithm Sorts N Elements in N Phases

question 8

Multiple Choice

The odd-even transposition algorithm sorts n elements in n phases (n is even) , each of which requires ------------compare-exchange operations

• A)2n
• B)n2
• C)n/2
• D)n

Understand the conditions under which firms in a competitive market earn zero economic profit in the long run.

Identify the impact of factor prices on the market supply curve in the long term.

Understand the concept of a constant cost industry and its characteristics.

Explain the effects of short-run profit on market dynamics and long-run equilibrium in price-taker industries.

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