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The Matthew Shepard and James Byrd Jr

question 32

Multiple Choice

The Matthew Shepard and James Byrd Jr. Hate Crimes Prevention Act, enacted in 2009, amended the 1990 legislation to include gender, identity bias, and ______.


Definitions:

Basis for Monopoly

The underlying conditions that enable a firm or entity to become or remain the sole supplier of a good or service, such as control over resources, government regulation, or technology.

Pure Monopoly

An economic condition where one firm controls the market for a product, effectively eliminating competition.

Close Substitutes

Goods or services that can easily replace each other in consumption, offering consumers nearly identical satisfaction.

Natural Monopoly

A market situation where a single firm can supply a good or service to an entire market at a lower cost than could multiple firms.

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