If Your Farm Had the Only Known Source of a Rare

question 185

Multiple Choice

If your farm had the only known source of a rare cocoa bean needed to make chocolate-covered peanuts,your monopoly would result from:

• A)control of a scarce resource or input.
• B)technological superiority.
• C)increasing returns to scale.
• D)government-set barriers.

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Definitions:

Chemoreceptors

Sensory cells or organs specialized to detect chemicals in the environment, involved in taste and smell.

Mechanoreceptors

Sensory receptors in the body that respond to mechanical pressure or distortion, including touch, pressure, vibration, and sound.

Photoreceptors

Specialized cells located in the retina of the eye that are sensitive to light and enable vision.

Glutamate

An important neurotransmitter in the brain that plays a key role in learning and memory, also serving as a flavor enhancer in food.