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2458. The AR curve and industry demand curve are same in case of

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Monopoly
Oligopoly
Perfect competition
None of the above
✅ The correct answer is A.
The AR curve and industry demand curve are same in case of Monopoly. In a monopoly, the price is set above marginal cost and the firm earns a positive economic profit. Perfect competition produces an equilibrium in which the price and quantity of a good is economically efficient.

2459. An information uses by investors for expecting future earnings is all recorded in

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five years report
annual report
stock report
exchange report
✅ The correct answer is B.
An information uses by investors for expecting future earnings is all recorded in annual report. An annual report is a comprehensive report on a company’s activities throughout the preceding year.

2460. Which of the following examines information passing through switches, hubs, or routers?

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Key logger
Packet sniffer
Log analysis tools
Screen captures
✅ The correct answer is B.
Packet sniffer examines information passing through switches, hubs and routers. Packet sniffing is the act of capturing packets of data flowing across a computer network. The software or device used to do this is called a packet sniffer.

2461. Which service encompasses all technologies used to transmit and process information on an across a network?

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Interoperability
Scalability
Benchmarking
Web services
✅ The correct answer is D.
Web services encompasses all technologies used to transmit and process information on an across a network. Web services is a standardized way or medium to propagate communication between the client and server applications on the World Wide Web.

2462. Identify the economist who had little formal education and started working in the money market at an early age of fourteen.

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David Ricardo
Adam Smith
V.F.Pareto
A.Cournot
✅ The correct answer is A.
David Ricardo the economist had little formal education and started working in the money market at an early age of fourteen. At the age of 14 he entered into business with his father, who had made a fortune on the London Stock Exchange.

2464. In a perfectly competitive market

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Firm is the price giver and industry the price taker
Firm is the price taker and industry the price giver
Both are price takers
None of the above
✅ The correct answer is B.
In a perfectly competitive market firm is the price taker and industry the price giver. A perfectly competitive firm would be characterized as a “price taker” due to its inability to influence market price. In a perfectly competitive market, the price of the products are fixed since each firm is producing just enough to stay in business.

2465. What is a detailed process for recovering information or an IT system in the event of a catastrophic disaster such as a fire or flood?

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Disaster recovery plan
Hot site
Cold site
Disaster recovery cost curve
✅ The correct answer is A.
Disaster recovery plan is a detailed process for recovering information or an IT system in the event of a catastrophic disaster such as a fire or flood. A disaster recovery plan (DRP) is a documented, structured approach with instructions for responding to unplanned incidents.