The Key Element in Preserving a Monopoly Is

question 22

Multiple Choice

The key element in preserving a monopoly is

• A) government subsidy of critical enterprises.
• B) keeping potential rivals out of the market.
• C) guaranteeing availability of substitute products.
• D) increased advertising expenditure.

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Definitions:

Terminate

To terminate means to bring something to an end or to conclude.

Advance Career

Actions or steps taken to progress professionally in one's job or occupation, aiming for higher positions, increased responsibility, or specialized knowledge.

Employed

Employed refers to an individual who works part-time or full-time under a contract of employment, whether oral or written, express or implied, and has recognized rights and duties.

Networking

Making contacts with relatives, friends, and acquaintances who may have information about how to find a job in your field.