Which of the Following Can Be Said About a Monopoly

question 194

Multiple Choice

Which of the following can be said about a monopoly?

• A)Monopolies are always inefficient and are therefore the least desirable form of market.
• B)They can cause a shift in the demand curve to benefit society.
• C)They may aid in innovation.
• D)All of these responses are correct.

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Definitions:

Psychotherapy Categories

A classification of various therapeutic approaches aimed at treating mental health disorders, which can include cognitive-behavioral, psychodynamic, humanistic, and other types of therapy.

Psychologists

Professionals in the field of psychology who study mental processes and human behavior by observing, interpreting, and recording how people relate to one another and to their environments.

Psychiatrists

Medical doctors who specialize in diagnosing, treating, and preventing mental, emotional, and behavioral disorders.

Psychoanalysts

Practitioners of psychoanalysis, a therapeutic approach founded by Freud, focusing on the unconscious mind and its influence on behavior.