Which of the Following Is (Are) True

question 22

Multiple Choice

Which of the following is (are) true?

• A) Firms constantly seek out the market power that monopoly offers.
• B) Economic profits invite continuing attempts to break down the economic barriers that a monopoly may have.
• C) Technological change and the pursuit of profit work against the entrenched power of monopolies.
• D) All of the above are true.

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Definitions:

Analogy

A comparison between two things, typically for the purpose of explanation or clarification.

Specific Evidence

Detailed and particular facts or information that support a claim or argument.

General Conclusion

A final statement or decision that is reached after considering all the information presented in a discussion or analysis.

Persuasive Messages

Communications designed to convince or influence the audience to take a specific action or adopt a particular viewpoint.