A Monopoly Exists Because of

question 100

Multiple Choice

A monopoly exists because of

• A)barriers to entry
• B)the large number of buyers and sellers
• C)the absence of barriers to entry
• D)collusion among the dominant firms
• E)the absence of exclusive government franchises

---

Definitions:

Progesterone

A female steroid hormone primarily produced by the ovary.

Estrogen

A female sex hormone; when produced during ovulation, estrogen causes a buildup of the lining of the uterus (womb) to prepare it for a possible pregnancy.

Ovary

A female reproductive organ in which ova (eggs) are produced, as well as hormones like estrogen and progesterone.

Bulbourethral Glands

Small glands located on each side of the urethra in males that produce a pre-ejaculate fluid that lubricates and neutralizes acidity in the urethra.