Which of the Following Is LEAST Likely to Be a Monopoly

question 499

Multiple Choice

Which of the following is LEAST likely to be a monopoly?

• A) the holder of a public franchise
• B) a pharmaceutical company with a patent on a drug
• C) a store in a large shopping mall
• D) an artist who owns a copyright for a painting

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Definitions:

Sources

The origins or points of origin from which something comes, such as information, materials, or evidence.

Knowledge-based Economy

An economic system where growth is dependent on the quantity, quality, and accessibility of information, rather than the means of production.

Expert Power

The influence a person has over others due to their expertise, skills, or knowledge.

Industrial

Related to the production and manufacturing of goods in an organized and systematic manner for economic purposes.