Which of the Following Would Be Most Likely to Have

question 515

Multiple Choice

Which of the following would be most likely to have monopoly power?

• A)a national florist
• B)an online bookstore
• C)a local restaurant
• D)a local electrical cooperative

Evaluate the cost of life insurance and factors influencing premium costs.

Discriminate between participating and nonparticipating policies and their premiums.

Apply different methods to estimate life insurance needs based on individual or family circumstances.

Know the variety of sources from which life insurance can be obtained.

---

Definitions:

Women's Christian Temperance Union

An organization founded in 1874 in the United States that advocated for prohibition and tackled various social issues from a Christian perspective.

Midwestern States

A region in the United States comprising states located in the central part of the country, known for its agricultural and industrial output.

American Federation Of Labor

A national federation of labor unions in the United States founded in 1886, aimed at organizing workers to achieve better working conditions and wages.

Knights Of Labor

Founded in 1869, the first national union; lasted, under the leadership of Terence V. Powderly, only into the 1890s; supplanted by the American Federation of Labor.