Arrange the Hierarchy of Terms to Describe Memory Capacity in the Correct

question 29

Multiple Choice

Arrange the hierarchy of terms to describe memory capacity in the correct sequence, from smallest to largest:

• A) Megabyte - kilobyte - gigabyte - terabyte - exabyte - petabyte
• B) Exabyte - petabyte - terabyte - gigabyte - megabyte - kilobyte
• C) Kilobyte - megabyte - gigabyte - terabyte - petabyte - exabyte
• D) Petabyte - exabyte - kilobyte - gigabyte - kilobyte - terabyte
• E) Kilobyte - gigabyte - megabyte - exabyte - petabyte - terabyte

Recognize the role of property rights in efficient market allocation.

Distinguish between private and public goods.

Identify the conditions under which markets can fail to allocate resources efficiently.

Understand the concept of externalities and their impact on market efficiency.

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Definitions:

Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Business License

Official permission from a governmental authority allowing individuals or companies to conduct business within a certain jurisdiction.

Distributorship

An arrangement within a supply chain where a firm is authorized to distribute a manufacturer's products in a particular territory.

Franchise

A license that allows the franchisee access to a business's proprietary knowledge, processes, and trademarks, enabling the franchisee to sell a product or service under the business's name.