Which of the Following Is a Key Reason Why Monopolies

question 93

Multiple Choice

Which of the following is a key reason why monopolies exist?

• A)There is easy entry and exit into and out of the market.
• B)The goods sold are highly inaccessible to buyers.
• C)There are barriers to entry into the market.
• D)Geographical differences exist.

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Definitions:

Bourgeoisie

The social class that owns the means of production and is characterized by their wealth, social status, and influence.

Exploitation

The act of taking unfair advantage of people or resources for one's own benefit, often by imposing unequal exchanges, labor, or conditions.

Social Inequality

The unequal distribution of resources, opportunities, and privileges among people in a society, often based on factors like class, race, or gender.

Contraception Education

Instruction and information regarding various methods to prevent pregnancy, aimed at helping individuals make informed reproductive choices.