Which of the Following Is Not a Reason for the Existence

question 645

Multiple Choice

Which of the following is not a reason for the existence of a monopoly?

• A)sole ownership of a key resource
• B)patents
• C)copyrights
• D)diseconomies of scale

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Definitions:

Hispanics

People residing in the United States who are of Spanish-speaking origin or ancestry, including individuals from Latin American countries.

Poor

Individuals or populations that lack financial resources and basic needs for a comfortable standard of living.

Poverty Rate

The proportion of a population living below the poverty line, reflecting the percentage of people whose income falls below the threshold considered necessary to meet basic needs.

Welfare

Governmental support aimed at ensuring the basic well-being and financial assistance of individuals or groups within a society.