When a Monopoly Is Inevitable, the Government Often

question 391

Multiple Choice

When a monopoly is inevitable, the government often

• A) forces it to break into smaller firms.
• B) sets a minimum price for the monopolist.
• C) sets a maximum price for the monopolist.
• D) None of the above; monopoly is never inevitable.

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Definitions:

Differential Association Theory

A theory in criminology that suggests individuals learn deviant behavior through their interactions and communications with others.

Utilitarianism

A theory in normative ethics holding that the best moral action is the one that maximizes utility or happiness for the greatest number of people.

Positivism

A philosophical approach that emphasizes the observational and empirical evidence as the foundation for knowledge and understanding.

Biological Determinism

The idea that biological factors such as genetic makeup determine human behavior and societal roles.