Which of the Following Is NOT a Characteristic of Competitive

question 2

Multiple Choice

Which of the following is NOT a characteristic of competitive markets?

• A)standardized product
• B)purchases and sales of individual traders are small relative to the total volume traded
• C)prices adjust quickly
• D)there are relatively few sellers

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Definitions:

Network Attached Storage

A dedicated file storage device connected to a network, allowing multiple users and client devices access to shared data.

Wireless Network Keys

Security codes used to access encrypted Wi-Fi networks, protecting them from unauthorized use.

Roles

Defined sets of permissions or duties assigned to users or entities in a system, determining what actions they can perform within that system.

NFC

Near Field Communication, a set of communication protocols for communication between two electronic devices over a distance of 4 cm or less.