If a Company Is the Sole U

question 126

Multiple Choice

If a company is the sole U.S.producer of good X,the market may still be contestable because of all but which one of the following?

• A)Foreign producers can provide good X to the U.S.market.
• B)Many domestic firms can potentially begin production of good X.
• C)New technology may threaten to make good X obsolete.
• D)The presence of a government franchise.

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Definitions:

Adipose Tissue

A type of connective tissue that is specialized in storing energy in the form of fat, also serving as an important insulator and cushion for bodily organs.

Reticular Connective Tissue

A type of connective tissue characterized by a network of reticular fibers that provide a supportive framework for soft organs such as the spleen and lymph nodes.

Lymphoid Tissue

Specialized connective tissue in the lymphatic system containing large numbers of lymphocytes, involved in immune responses.

Fibrous Connective Tissue

A type of connective tissue rich in collagen fibers that provide high tensile strength and support to various structures of the body.