Select the Meaning of the Underlined Word in the Sentence

question 217

Multiple Choice

Select the meaning of the underlined word in the sentence.
A woman who lived until she was 114 years old said the secret to her longevity was "not getting married".

• A)physical and mental wellness
• B)being new and exciting
• C)having a long life
• D)living through an event or events

---

Definitions:

Monopolist

A monopolist is a single seller in a market who has significant control over the price and supply of a product or service.

Competitive Labor Market

A market where numerous buyers (employers) and sellers (workers) meet, with the price of labor (wages) determined by the supply of and demand for labor.

Marginal Product

The additional output resulting from one more unit of a certain input, keeping other inputs constant.

Monopolistic Distributor

A single seller or distributor in a market that controls a large portion of the market share, limiting competition.