Which of the Following Is an Example of a Shared

question 45

Multiple Choice

Which of the following is an example of a shared monopoly?

• A) Company A, Company B, and Company C together supply 20 percent of all mufflers in the United States.
• B) Company X, Company Y, and Company Z together supply 60 percent of all beds in the United States.
• C) Company B, Company U, and Company Y together supply 30 percent of all snow tires in the United States.
• D) Company T, Company O, and Company Y together supply 45 percent of all doll dresses in the United States.
• Answer B

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Definitions:

Effect

A change that results from a particular action or cause.

Real-World Example

An actual instance or occurrence from everyday life used to illustrate a theory or concept.

Implicit Attitudes

Unconscious beliefs or feelings that can influence a person's response to particular objects, people, or situations.

Explicit Attitudes

Attitudes that are consciously recognized and easily self-reported, reflecting explicit beliefs about objects or concepts.