Which Statement Is True

question 131

Multiple Choice

Which statement is true?

• A)The monopolistic competitor is often a large firm.
• B)Most firms in the U.S.are not monopolistic competitors.
• C)Price discrimination is impossible under monopolistic competition.
• D)None of these statements are true.

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Definitions:

Device Manager

A component of Microsoft Windows operating systems that allows users to view and control the hardware attached to the computer.

Performance Monitor

A Windows tool that monitors resources such as memory and CPU usage and that allows creation of graphs, bar charts, and text reports.

CPU

The Central Processing Unit, often simply called the processor, is a crucial piece of hardware in a computer system responsible for carrying out instructions of a computer program by performing arithmetic, logical, control, and input/output operations.

Excess Processor Requests

Occurs when applications or processes request more CPU time than is available, leading to potential system slowdowns or instability.