Which of the Following Correctly Defines a Monopoly That Has

question 86

Multiple Choice

Which of the following correctly defines a monopoly that has economies of scale?

• A) a single firm operating in a market
• B) a single firm that can supply the market at a lower cost than two or more firms
• C) a single firm that controls the production of a natural resource
• D) a single firm that produces the efficient and socially optimal quantity in a market

---

Definitions:

Universal Emotions

Basic human emotions that are recognized and expressed similarly across all cultures, such as happiness, sadness, and fear.

Confusion

A state of mental disarray where an individual has difficulty understanding their environment, situation, or tasks, often accompanied by disorientation and difficulty in making decisions.

Ekman

Refers to Paul Ekman, a psychologist known for his research on facial expressions and their link to emotions.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to the sex assigned at birth.