Which of the Following Is a Use of Fuzzy Logic

question 15

Multiple Choice

Which of the following is a use of fuzzy logic?

• A)Combatting fraud
• B)Designing processes
• C)Internet searches
• D)Optimizing store displays

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Definitions:

Output Level

This refers to the quantity of goods or services produced by a firm or an economy within a specific period.

Monopolist

A market participant that has exclusive control over the supply of a particular commodity or service, allowing it to influence price and market conditions.

Profit Maximizing

The process or strategy of adjusting production and operational variables to achieve the highest possible profit.

Same Price

A condition where various sellers offer a product or service at an identical cost to consumers.