Which of the Following Is an Example of an Infinite

question 84

Multiple Choice

Which of the following is an example of an infinite regress?

• A) If I start with a chocolate bar, and give away half of my chocolate each day, I'll never run out of chocolate.
• B) If I start a ball rolling, and no outside force acts on it, it will continue rolling forever.
• C) There is no greatest prime number.
• D) If my cat had to have other cats as parents, and they in turn had to have cats as their parents, and so on, there could be no first cat in the chain.
• E) All of the above

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Definitions:

Perfectly Competitive

Referring to a market structure where there are many buyers and sellers, all selling homogeneous products, with no barriers to entry or exit, leading to price determination by supply and demand forces alone.

Monopolistically Competitive

A marketplace setup in which various enterprises deal in goods that are alike but not identical, affording them some degree of control in the market.

Cost Curves

Graphical representations showing the relationship between the cost of producing goods or services and the quantity produced.

Optimal Scale

The size of a company or level of production that minimizes costs and maximizes efficiency and profit.