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One of the Most Famous Examples of Wiki Vandalism Occurred

question 13

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One of the most famous examples of wiki vandalism occurred when a false biography entry read which of the following:


Definitions:

Purely Competitive Conditions

Market situations in which a large number of firms produce identical products, and there is no single seller who can influence the market price.

Profit-maximizing Equilibrium

A state in which a firm achieves the highest possible profit, given its production costs and market conditions.

Appliance Manufacturer

A company that produces electrical machines and devices for domestic use.

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