Define Monopoly

question 4

Essay

Define monopoly. What is the primary reason for the existence of a monopoly? Describe three types of barriers to entry.

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Definitions:

Shock

A sudden and intense disturbance or impact, which can be physical, electrical, or emotional in nature.

Surge Strip

A device designed to protect electronic equipment from voltage spikes by blocking or shorting to ground any unwanted voltages above a safe threshold.

ESD Glove

A glove made from conductive materials designed to prevent electrostatic discharge (ESD), protecting electronic components from damage.

AUP

Acceptable Use Policy, a set of rules applied by the owner/manager of a network or website that restrict the ways in which the network or site may be used.