In a Flowchart, ____________ Are Used as Input Symbols and Output

question 145

Multiple Choice

In a flowchart, ____________ are used as input symbols and output symbols to represent the steps in which the program reads input or displays output.

• A) Ovals
• B) Rectangles
• C) Parallelograms
• D) Triangles

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Definitions:

Herfindahl Index

An index that gauges the proportions of entities in a market sector, highlighting the extent of competition among them.

Pure Monopolist

A market structure where a single company is the sole provider of a product or service, with no close substitutes, giving it significant control over price.

Herfindahl Index

A measure of market concentration to assess the competitive landscape, calculated by summing the squares of the market shares of all firms in the industry.

Concentration Ratio

A measure used to assess the degree of market concentration, quantifying the market share held by the largest firms within an industry.