As Natural Monopolies Are Shrinking Due to Global Governmental Privatizations,another

question 4

Multiple Choice

As natural monopolies are shrinking due to global governmental privatizations,another competitive landscape is emerging.Firms like Intel that have 80 percent market share in some markets would be called what?

• A) Competitive monopoly
• B) Regulated monopoly
• C) Near monopoly
• D) Natural monopoly

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Definitions:

Information and Communication Technologies

An umbrella term that includes all technologies for the manipulation and communication of information.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies by reporting these profits as income.

Retained Earnings

Cumulative net income of a company that has not been distributed to shareholders as dividends, reinvested in the business.

Non-Controlling Interest

The equity in a subsidiary not attributable, directly or indirectly, to a parent company.