A Monopoly Arises for Two Key Reasons,which Are

question 93

Multiple Choice

A monopoly arises for two key reasons,which are

• A)barriers to entry and no close substitutes.
• B)franchises and barriers to entry.
• C)barriers to entry and close substitutes.
• D)close substitutes and no barriers to entry.
• E)natural and legal

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Definitions:

Positive Terminal

The electrode in an electrical device from which current flows away, typically marked with a positive sign and higher potential energy.

Anode

The positive terminal of an electric device.

Magnesium Atom

The atomic form of magnesium, a light, silvery-white, moderately hard metallic element that is an essential nutrient for living cells.

Metallic Salt

Chemical compounds consisting of metal cations and non-metal anions, often soluble in water and can conduct electricity when molten or dissolved.