Which of the Following Statements Is True Regarding a Monopoly

question 110

Multiple Choice

Which of the following statements is true regarding a monopoly?

• A)It is enjoyed by an organization who is the sole suppliers of a good or service.
• B)It is common in the telecommunications industry.
• C)It cannot be achieved temporarily, even through the use of patents and similar legal devices.
• D)It is the most common type of competition in the U.S. market.

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Definitions:

Sensory Register

The initial stage of memory, where sensory information is stored for a very brief period before it is processed further.

Extraneous Sounds

Unrelated or irrelevant sounds that can interfere with or distract from the auditory processing of relevant information.

French Diplomat

An official representing France in foreign countries, responsible for managing international relations and protecting French interests abroad.

Recognition

The ability to identify previously encountered material.