The Three Types of Selection Structures Are

question 71

Multiple Choice

The three types of selection structures are:

• A) foreach, for and switch
• B) if, for and switch
• C) if, if/else and while
• D) if, if/else and switch

---

Definitions:

Natural Monopoly

A market structure where a single firm can provide a good or service at a lower cost than any potential competitors, usually due to economies of scale.

Standard Product

A product that is uniform in quality and specifications, produced in large quantities, and often interchangeable with similar products from other manufacturers.

Highest Price

The maximum price at which a good, service, or asset is sold in the market, often influenced by factors such as scarcity, demand, and quality.

Pure Monopolist

An entity that is the sole provider of a particular product or service in a market, without any competitors, effectively controlling the market.