To Prevent Monopoly from Arising,there Must Be

question 23

Multiple Choice

To prevent monopoly from arising,there must be

• A)a single supplier of a good in the market.
• B)no close substitutes for the good.
• C)barriers preventing entry of other firms.
• D)freedom of entry into the market.
• E)economies of scale.

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Definitions:

Psychological Toll

The psychological toll refers to the mental and emotional burden or strain experienced as a result of stressful, traumatic, or challenging situations.

Survivors

Individuals who have lived through a dangerous or life-threatening event or situation and are often coping with the aftermath or consequences of such experiences.

Belongings

Personal items or possessions owned by an individual.

Destroyed

To have been completely ruined or demolished, leaving nothing salvageable or in its original state.