Economists Call a Single Firm That Can Supply the Entire

question 219

Multiple Choice

Economists call a single firm that can supply the entire market at a lower cost than two or more firms a __________ monopoly.

• A) regulatory
• B) government
• C) natural
• D) predatory.

---

Definitions:

Bandpass Filter

An electronic device or circuit that allows signals between two specific frequencies to pass through while blocking those outside this range.

Tank Circuit

An inductor and capacitor connected in parallel.

Impedance

The measure of opposition that a circuit presents to the flow of alternating current, represented as a complex number and includes both resistance and reactance.

High-pass Filter

An electronic filter that allows signals with frequencies above a certain cutoff frequency to pass through while attenuating those below it.