Wellness Pharmaceuticals has released a new antidepressant, Lexabuzac. Which type of monopoly does the company most likely have on this medication?
Can't say that I know the different types of monopolies. You might want to look up "monopoly" on the 'Net and see whether you can find an article that discusses these different types.
oh my bad, herenatural monopoly de facto monopoly government monopoly technological monopoly
@mathmale
First, let's use common sense. If this medication is new AND unique, then obviously the company is going to have some kind of monopoly on it for a while, until competitors do their thing and compete. Which type of mono would that be? If you're unsure, look up each of the four answer choices. Not only would this be informative and educational, it'd also likely help you identify the correct answer here.
Just so that you know, I need to get off the 'Net now. But looking up the four answers should help you answer this question correctly.
Join our real-time social learning platform and learn together with your friends!