Author Question: Which of the following is an example of a shared monopoly? A) Company A, Company B, and Company C ... (Read 119 times)

evelyn o bentley · **on:** Jul 2, 2018

Which of the following is an example of a shared monopoly?

A) Company A, Company B, and Company C together supply 20 percent of all mufflers in the United States.
B) Company X, Company Y, and Company Z together supply 60 percent of all beds in the United States.
C) Company B, Company U, and Company Y together supply 30 percent of all snow tires in the United States.
D) Company T, Company O, and Company Y together supply 45 percent of all doll dresses in the United States.

Question 2

One strategic reason that multinational corporations move to developing countries is that __________.

A) there are fewer regulations, which translates into more profits
B) the unemployment rate is much higher in developing countries
C) more regulations make factories safer for workers
D) there are fewer job seekers in the United States.