Figure 9-I -Which of the Following Is a Characteristic of a Monopoly

question 30

Multiple Choice

Figure 9-I

-Which of the following is a characteristic of a monopoly?

• A)a large number of sellers
• B)homogeneous products
• C)larger barriers to entry
• D)price taking firms

---

Definitions:

Workers Under 40 Years

Refers to employees or labor force participants who are below the age of 40, often targeted in workforce planning and diversity efforts.

Ethical Expectations

Standards of moral behavior and professional conduct expected by individuals or organizations.

Ethical Behavior

Refers to actions that are consistent with what society, individuals, and businesses consider to be right or moral.

Conflict of Interest

A situation in which a person's personal interests could potentially influence their professional judgment or responsibilities.