Because It Is the Only Firm Operating in a Particular

question 52

True/False

Because it is the only firm operating in a particular market,a monopolist is guaranteed to earn an economic profit.

---

Definitions:

Hand Hygiene

A practice of cleaning hands to remove dirt, germs, and bacteria to prevent spreading infections.

Disease Transmission

The process by which contagious illnesses are spread from one person to another, through direct or indirect means.

Latex Allergy

An allergic reaction to natural rubber latex, characterized by symptoms ranging from skin irritation to anaphylaxis.

Powdered Gloves

Gloves that are dusted with a powder to make them easier to put on or take off, now less common in medical use due to allergy concerns.