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The points $\text{P, Q, and R}$ shown on the Smith chart (normalized impedance chart) in the following figure represent:

1. $\text{P: Open Circuit, Q: Short Circuit, R: Matched Load}$
2. $\text{P: Open Circuit, Q: Matched Load, R: Short Circuit}$
3. $\text{P: Short Circuit, Q: Matched Load, R: Open Circuit}$
4. $\text{P: Short Circuit, Q: Open Circuit, R: Matched Load}$