Which One of the Following About a Monopoly Is False

question 103

Multiple Choice

Which one of the following about a monopoly is false?

• A)A monopoly could make profits in the long run.
• B)A monopoly could break even in the long run.
• C)A monopoly must have some kind of government privilege or government imposed barrier to maintain its monopoly.
• D)A monopoly status could be temporary.

---

Definitions:

ICD-9-PCS

An abbreviation for the International Classification of Diseases, Ninth Revision, Procedure Coding System; a system used in the United States to classify medical procedures.

ICD-10-PCS

An international system for coding medical procedures and services, facilitating the classification and billing of healthcare interventions.

HCPCS Level II Codes

Codes used in the healthcare industry in the United States to identify products, supplies, and services not included in the CPT coding system, especially for Medicare and Medicaid patients.

CPT Codes

Current Procedural Terminology codes, a set of medical codes used to report medical, surgical, and diagnostic procedures and services.