A Monopoly Can Result Because Of

question 62

Multiple Choice

A monopoly can result because of:

• A) an ownership of a vital resource with other firms.
• B) a legal patent over a good shared with another large firm.
• C) successful operations.
• D) production of a unique good which no one else can replicate.

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Definitions:

Artifacts

Objects made or altered by humans, often used in archaeology to understand past human cultures and activities.

Synthesizers

Electronic instruments designed to generate audio signals and emulate sounds such as musical tones or effects.

Artifact

Any object fashioned or altered by humans.