Which of the Following Is NOT a Characteristic of a Pure

question 43

Multiple Choice

Which of the following is NOT a characteristic of a pure monopoly?

• A)Firms cannot enter freely.
• B)Firms sell unique products.
• C)Firms can control a scarce resource.
• D)Firms are unable to acquire patents.

---

Definitions:

Emergent Leadership

Leadership that develops naturally within a group based on members' skills, actions, and the group's needs, rather than through formal assignment.

Dominance

The state or condition of being in control or having superior strength, authority, or influence over others.

Prestige

Rising to the top based on ability, talent, or moral force.

High Conscientiousness

Describes individuals who exhibit a tendency towards self-discipline, carefulness, and diligence in their responsibilities and tasks.