Question

Imagine that you were an inventor, what kind of a monopoly would you be interested in establishing?
Select one:
a. Natural
b. Government
c. Patent
d. Geographic

@Ashleyisakitty @AyeeCutieePiee @brieculver @Victoriashtey @VortexAlliby @YanaSidlinskiy @andy11 @NadiaElhaj_1 @nicoleeashleeee

Answer 1

@charnia7 @camzzzie @amilapsn @mousey1234 @Mokeira

Answer 2

@ToxicAiden @trouble67 @torinicole2311 @tHe_FiZiCx99

Answer 3

patent..

Answer 4

Imagine that you owned the only store within a 50 mile radius that sold fire wood, what kind of monopoly would you own?
Select one:
a. Natural
b. Government
c. Patent
d. Geographic

Answer 5

:O This looks like a test:)

Answer 6

jus a quiz

Answer 7

Please, be kind enough to think before putting questions here!

Answer 8

Aha! Caught ya!!:) Jk:) I'm not good at this. Actually first put down what you think and we'll be glad to help:)

Answer 9

my guess d or a

Answer 10

If you can't understand the words, please refer to a dictionary..

Answer 11

Don't guess:)

Answer 12

geography....lol.

Answer 13

@styx_skunks What should be the closest guess out of d & a

Answer 14

If YOU'RE the one owning it, what would it be?

Answer 15

prolly a

Answer 16

*think about it:)* I'm not saying you're wrong though.

Answer 17

Natural monopoly..This tends to be the case in industries where capital costs predominate, creating economies of scale that are large in relation to the size of the market, and hence creating high barriers to entry; examples include public utilities such as water services and electricity...i would go with geography

Answer 18

k

Answer 19

Geographic monopolies occur when there is only one company that offers a particular good or service in an area. For example, in a small town there may be only one general store, which has a monopoly on the goods it sells.

Answer 20

Which of the following conditions is true of a pure monopoly?
Select one:
a. The item being sold is inelastic.
b. Competition does not exist.
c. Both of the above statements are true.
d. Neither of the above statements is true.

Answer 21

what is your answer

Answer 22

for the one i just posted or the last one?

Answer 23

@misspikachu