The Key Element in Preserving a Monopoly Is

question 22

Multiple Choice

The key element in preserving a monopoly is

• A) government subsidy of critical enterprises.
• B) keeping potential rivals out of the market.
• C) guaranteeing availability of substitute products.
• D) increased advertising expenditure.

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Definitions:

Pertinent Information

Information that is relevant and directly related to a specific topic or context.

Cause-and-effect

A relationship between events or things, where one is the result of the other or others, a combination of action and reaction.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees.

Priority

The status established among tasks or concerns to indicate the order in which they should be addressed or considered.