Figure 2-4 Review the Accompanying Figure  (Figure 2-4) and Identify Point B

question 10

Multiple Choice

Figure 2-4
Review the accompanying figure  (Figure 2-4) and identify point B.

• A) zenith
• B) north point
• C) celestial equator
• D) south celestial pole
• E) north celestial pole

---

Definitions:

Unnatural Monopoly

A market structure where a single company dominates due to artificial barriers, such as regulations or patents, rather than market forces.

Perfectly Elastic

A situation in economic theory where a small change in price leads to an infinite change in quantity demanded or supplied.

Marginal Revenue

The additional income that is gained from selling one more unit of a product or service.

Monopoly's Product

A unique product or service without close substitutes, offered by a monopolist who faces no competition.