Which of the Following Best Approximates a Pure Monopoly

question 383

Multiple Choice

Which of the following best approximates a pure monopoly?

• A)a gas station in a large city
• B)the Kansas City wheat market
• C)the only grocery store in a small isolated town
• D)the soft drink market

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Definitions:

Inequality

The state of not being equal, especially in status, rights, and opportunities.

Denial

A defense mechanism in which confrontation with a reality or fact is avoided by denying the existence of the problem or reality itself.

Genocide

The deliberate killing of a large group of people, especially those of a particular ethnic group or nation, with the intent to destroy that group.

Lactose Tolerance

The ability of adults to digest lactose, a sugar found in milk, due to the continued production of the enzyme lactase beyond infancy.