The Factor 10^-2 Corresponds to Which Prefix

question 127

Multiple Choice

The factor 10^-2 corresponds to which prefix?

• A)deka
• B)deci
• C)centi
• D)milli

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Definitions:

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus what they actually receive.

Subsidies

Financial support provided by governments to individuals, businesses, or institutions to promote certain activities deemed beneficial.

Higher-Valued Uses

The allocation of resources or goods to their most profitable or beneficial applications, typically where they contribute the most to welfare or profitability.

Lower-Valued Uses

Activities or allocations of resources that do not maximize potential value or returns compared to other uses.