Which of the Following Statements About Radio Frequency Identification (RFID)passive

question 33

Multiple Choice

Which of the following statements about radio frequency identification (RFID) passive tags is true?

• A) They are small and relatively inexpensive.
• B) They have a range up to 300 feet or more.
• C) They cost more than active tags.
• D) They have an internal battery source.
• E) They typically cost about $10.

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Definitions:

Economic Profits

Profits calculated by subtracting both explicit and implicit costs from total revenue, showing the total return exceeding all opportunity costs.

Long-run Equilibrium

A state in which all factors of production and outputs are optimized, resulting in a stable economic environment without tendencies for change.

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit, and products that are similar across sellers, leading to price competition and efficiency.

Marginal Revenue

The boost in income achieved by selling one more unit of a product or service.