Which of the Following Could Create a Cost Advantage for a Monopoly

question 82

Multiple Choice

Which of the following could create a cost advantage for a monopoly?

• A)better technology
• B)lower friction due to better organization
• C)standardization
• D)All of the above.

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Definitions:

Bank

A financial institution licensed to receive deposits and make loans.

Interest Earned

The income received from lending funds or depositing money into interest-bearing accounts.

Invested

To have allocated resources, such as money, toward something with the expectation of generating income or profit.

Deposited

The act of placing money or another form of value into an account.