What Is a Plutoid

question 37

Multiple Choice

What is a plutoid?

• A) any object in a 2:3 orbital resonance with Neptune
• B) any object in the same orbit as Pluto
• C) any object in an orbit outside that of Pluto
• D) any object beyond the orbit of Neptune that has enough mass to assume a spherical shape

---

Definitions:

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for competition based on quality, price, and marketing.

Industry

A group of companies or organizations that produce similar goods or services.

Purely Competitive

A purely competitive market is one with many sellers and buyers where no single entity has significant control over prices and where products are largely undifferentiated, leading to market equilibrium determined by supply and demand.

Total Profit

The total financial gain made by a business after subtracting all costs and expenses from total revenue.