In a market with ________, there are many sellers, each offering a slightly different product. Firms can differentiate products and focus on nonprice competition

A) pure competition
B) monopolistic competition
C) oligopolistic competition
D) a pure monopoly
E) socialism

B

Business

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If you agree to allow the lender to take your computer in the event you fail to make payments, the loan is which of the following?

A) Amortized B) Unsecured C) Secured D) Interest free

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A ________ is the work or actions performed on data so that they are transformed, stored, or distributed

A) Process B) Data store C) Flowchart D) Data flow

Business