The Existence of a Single Firm in a Market That

question 54

Multiple Choice

The existence of a single firm in a market that controls all the goods and services of that market is called a(n)

• A)single company sector.
• B)captured market.
• C)dominated market.
• D)monopoly.
• E)iron triangle setup.

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Definitions:

Ambivalent

A psychological state where an individual simultaneously holds conflicting attitudes or feelings toward an object, person, or situation.

Recessive Trait

A genetic trait that is expressed only when two recessive alleles for the same characteristic are inherited, one from each parent.

Gene

A basic unit of heredity, made up of DNA, that contains the information necessary to build and maintain an organism's cells and pass genetic traits to offspring.

Gender Roles

Gender roles refer to societal norms dictating the types of behaviors considered acceptable, appropriate, or desirable for people based on their actual or perceived sex or gender.