A _____ Is Comparable to a Monopoly in the Sense

question 57

Multiple Choice

A _____ is comparable to a monopoly in the sense that the organization, in this case the government, has explicit control over the price and supply of a good or service.

• A)Command economy
• B)Market economy
• C)Mixed economy
• D)Socialist economy

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Definitions:

Ambassador's

Relating to an ambassador, who is an accredited diplomat sent by a country as its official representative to a foreign country.

Announcer's

Pertaining to individuals who present or deliver information to the public, especially in broadcasting contexts like radio or television.

Children's

Pertaining to children; often used to signify possession, association, or relation to children, as in "children's books" or "children's health."

Thursdays

The fifth day of the week, following Wednesday and preceding Friday.