Which of the Following Is Not a Source of Monopoly

question 23

Multiple Choice

Which of the following is not a source of monopoly?

• A) technologies that allow each of many small firms to produce at the same per-unit costs as one large firm
• B) patents
• C) control of crucial inputs
• D) government licensing requirements

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Definitions:

Subcontracting

The process of assigning or outsourcing part of the obligations and tasks of a contract to another party, usually to specialize in that aspect of the work.

Ending Inventory

The total value of all inventory that a company has in stock at the end of an accounting period.

Overtime

Additional hours worked by an employee beyond the standard working hours, often compensated at a higher rate than regular hours.

Aggregate Planning

A process in organizations to develop, analyze, and maintain a preliminary, approximate schedule of the overall operations.