The Term ________ Refers to a Seemingly Harmless or Useful

question 15

Multiple Choice

The term ________ refers to a seemingly harmless or useful program that installs malicious code allowing remote access to the computer, as for a botnet.

• A) honeypot
• B) Trojan horse
• C) firewall
• D) black swan

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Definitions:

Colluding Oligopoly

A market situation where a small number of firms agree to manipulate market conditions, such as price or output, for mutual benefit.

Industry Profit

The total earnings before tax and interest of firms within a particular industry, after all expenses have been deducted from revenues.

Identical Cost Structures

Situations in which businesses have the same fixed and variable costs in their production processes.

Profit-maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by the point where marginal revenue equals marginal cost.