-In the Figure Above, the Line Labeled #2 Is Pointing

question 33

Multiple Choice

-In the figure above, the line labeled #2 is pointing to the wired ____ port.

• A)network
• B)Internet
• C)USB
• D)parallel

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Definitions:

Demand Curve

A chart depicting how the price of an item correlates with the amount of that item consumers are ready and capable of buying at different price levels.

Marginal Cost

The extra cost involved in producing one more unit of a product or service.

Cartel

An association of independent companies or organizations formed to control production, pricing, and marketing of goods to suppress competition.

Perfectly Competitive

A market structure where there are many buyers and sellers, goods are homogeneous, and there is free entry and exit in the market.