Which of the Following Is Not an Advantage of Radio

question 27

Multiple Choice

Which of the following is not an advantage of radio transmission media?

• A)No metallic wires are needed.
• B)Radio waves propagate easily through office walls.
• C)Radio devices are inexpensive.
• D)Radio waves do not create electrical interference problems.
• E)Radio devices are easy to install.

---

Definitions:

Monopolistically Competitive

This refers to a market structure characterized by many firms selling products that are similar but not identical, allowing for slight differentiation and some degree of pricing power.

Inelastic Demand

A scenario in which the demand for a product or service shows minimal fluctuation in response to price alterations.

Four-Firm Concentration

The Four-Firm Concentration ratio measures the market share of the four largest firms within an industry, indicating the level of market concentration and competitive landscape.

Pure Competition

A market structure characterized by a large number of sellers offering identical products with no single seller able to influence the market price.