In the Event That Only1Corp

question 60

Multiple Choice

In the event that Only1Corp. obtains control of all the natural gas producers in the US, it would most likely

• A) have a patent giving it exclusive legal rights to make, use, and sell for a limited time.
• B) raise prices, cut production, and realize positive economic profits.
• C) have legal protection to prevent copying its methods of production for commercial use.
• D) acquire rights for its investors to produce and sell their product.

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Definitions:

Mode of Subsistence

Refers to the means by which a society obtains its basic needs for survival, such as through hunting, gathering, agriculture, or industry.

Age Grades

Social categories based on age, used in various societies to assign roles, responsibilities, and privileges.

Double Unilineal Descent

A system of lineage where individuals belong to both their father's and their mother's descent groups, incorporating elements of both patrilineal and matrilineal descent.

Bilateral Descent

A system of family lineage in which the relatives on both the mother's and the father's sides are considered equally important.