A Monopoly

question 21

Multiple Choice

A monopoly

• A) raises the price it can charge for its product by decreasing the quantity sold.
• B) raises the price it can charge for its product by increasing the quantity sold.
• C) faces a perfectly elastic demand curve.
• D) does not need to take account of demand because it's the only seller.

Understand the concept of polyamory and its demographic characteristics in the US.

Analyze the influence of social power and double standards in sexual relationships.

Identify the key ideas of queer theory and its critique of heterosexism.

Recognize how race and ethnicity impact perceptions of sexuality.

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Definitions:

Shareholder

An individual or entity that owns shares in a corporation, thus holding a portion of the corporation's equity.

Triple Bottom Line

A framework or theory that recommends that companies commit to focusing on social and environmental concerns just as they do on profits, encapsulating people, planet, and profit.

Economically

Pertaining to the efficient, disciplined, and prudent management of resources, often related to financial decisions and policies.

Environmentally

Pertaining to the natural world or ecological matters, often relating to the protection and conservation of the environment.