In the 1960s,Seymour Papert Developed a Computer Language Called ________

question 57

Short Answer

In the 1960s,Seymour Papert developed a computer language called ________ so children could program computers rather than the other way around.

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Definitions:

Number of Firms

Refers to the total count of business entities operating in a given market or industry.

Market Characteristics

Features or attributes that define and differentiate specific markets, including structure, competition level, and consumer behaviors.

Duopolists

Two firms that dominate a particular market, often engaging in strategic interaction that impacts pricing, production, and market share.

Collude

When two or more firms work together to control prices, limit supply, or thwart competition in a way that distorts market outcomes.