What Is a Central Reason Monopoly Forces Are Especially Strong

question 203

Multiple Choice

What is a central reason monopoly forces are especially strong in sectors dominated by platform businesses?

• A) High marginal costs of production
• B) International trade restrictions
• C) Network externalities
• D) Patent protections

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Definitions:

Value Judgments

Evaluations or assessments based on one's personal or cultural beliefs, values, and standards.

Truth

The quality or state of being in accord with fact or reality, often sought after in various contexts such as moral, philosophical, or scientific inquiries.

Blinders

Devices used on the sides of horse's eyes to prevent them from seeing to the rear and keep them focused forward.

Stereotypical Beliefs

Widely held but fixed and oversimplified ideas or perceptions of particular types of people or things.