Which of the Following Is an Accurate Statement About near Monopolies

question 68

Multiple Choice

Which of the following is an accurate statement about near monopolies?

• A) Near monopolies are medium-sized firms that have some market power and thereby can influence the industry structure to a certain extent.
• B) Near monopolies are small firms in an industry that have differentiated products but little or no ability to raise their prices.
• C) Near monopolies are firms that have accrued significant market power and thereby are changing the industry structure in their favor.
• D) Near monopolies are a few large firms that dominate an industry and have differentiated products, high barriers to entry, and some degree of pricing power.

---

Definitions:

Self-Esteem

Refers to an individual's perception of their own worth or value.

Benevolent Sexism

A form of sexism that is couched in terms that seem kind or benevolent toward women but actually supports traditional gender roles and perpetuates gender inequalities.

Violent Movie

A film genre that contains sequences of intense physical conflict, often including harm or brutality, intended to elicit a reaction from the viewer.

Pure

Often refers to something not mixed with any other substances, showing qualities of cleanliness or undefiled nature.