What Is the Term for a Market Structure in Which

question 93

Multiple Choice

What is the term for a market structure in which only one firm survives because of economies of scale?

• A) a structural monopoly
• B) a government monopoly
• C) a patented monopoly
• D) a natural monopoly

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Definitions:

Agoraphobia

A disorder characterized by an extreme or irrational fear of entering open or crowded places, of leaving one's own home, or of being in places from which escape is difficult.

Rapid Heart Rate

An unusually fast heartbeat, which can be a symptom of stress, anxiety, or physical health issues.

Obsessive-compulsive Disorder

A mental health disorder characterized by repetitive, unwanted thoughts (obsessions) and behaviors (compulsions).

Repetitive Thoughts

The process of thinking about the same thoughts over and over again, which can be a symptom of various mental health conditions.