Which of the Following Is False

question 39

Multiple Choice

Which of the following is false?

• A)For a monopolist there are no close substitutes for its product.
• B)At one point in time IBM was a monopoly because no other firm produced mainframe computers.
• C)A monopolist is a price taker.
• D)The only gas station within 300 miles just off of highway 80 in Wyoming would be considered a monopoly.

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Definitions:

Hormone Pattern

The specific sequence or level of hormonal release in the body, which can influence behavior, mood, and physical characteristics.

Transgender

An umbrella term for people whose gender identity differs from the sex they were assigned at birth.

Identifies

In a psychological or sociological context, this term can refer to the process of recognizing or establishing who or what someone or something is, especially in relation to self-identity.

Biological Male

An individual who is born with male genitalia and secondary sexual characteristics, typically having XY chromosomes.