Which of the Following Is Likely to Be a Monopolist

question 134

Multiple Choice

Which of the following is likely to be a monopolist?

• A)A drug firm that has a patent granting it the exclusive right to produce a drug.
• B)A large firm like GM,which has a substantial portion of the car market.
• C)The Boeing Company,which is one of the largest producers of airplanes.
• D)An Indonesian restaurant in a large city.

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Definitions:

Assimilation

The process of absorbing new information into one's existing cognitive schemas, or the integration of individuals into a different cultural or societal group.

Nonadaptive

Describes traits or behaviors that do not provide a survival or reproductive advantage in a given environment.

Cognitive Process

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Assimilate

The process of taking in new information or experiences and integrating them into our existing knowledge or cultural beliefs.