Author Question: A monopoly a. exists when a single firm controls an industry and accounts for all sales in a ... (Read 24 times)

Mr3Hunna · **on:** Jul 2, 2018

A monopoly

a. exists when a single firm controls an industry and accounts for all sales in a specific market.
b. is a large-scale business organization that is headquartered in one country but operates in many countries, which has the legal power to enter into contracts, buy and sell property, and engage in other business activity.
c. is a corporation comprised of a small number of companies or suppliers who control an entire industry or service.
d. is not held accountable by the government and regulatory agencies of the country in which it operates.

Question 2

Groups like Focus on the Family and the Eagle Forum who hold conservative social views because of their religious beliefs, are collectively known as the

a) Christian network.
b) moral majority.
c) conservative coalition.
d) Religious Republicans.
e) religious right.

batool · **Reply #1 on:** Jul 2, 2018

Answer to Question 1

Answer: a. exists when a single firm controls an industry and accounts for all sales in a specific market.

Answer to Question 2

Answer: E