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Q: Which of the following can destroy a monopoly? a. technology c. a reduction in the price of factor inputs b. increased barriers to entry d. a law which outlaws price discrimination
A: Technology can destroy a monopoly.
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Original conversation
User: Which of the following is a characteristic of a monopoly? a. no barriers to entry c. it is always government owned b. a single buyer d. a single seller

User: Which of the following can destroy a monopoly? a. technology c. a reduction in the price of factor inputs b. increased barriers to entry d. a law which outlaws price discrimination

Weegy: Technology can destroy a monopoly.
emdjay23|Points 2406|

User: A firm sells natural gas to a city for one price and sells the same gas to an outlying village at another price. What is this practice called? a. oligopoly c. differentiation b. monopoly d. price discrimination

Weegy: a. oligopoly
southboy|Points 60|

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Asked 9/30/2013 1:11:57 PM
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When a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a ____________. a. monopoly c. patent b. franchise d. proprietorship
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Expert Answered
Updated 10/1/2015 8:26:33 PM
1 Answer/Comment
When a business owner purchases a license that gives them the right to use the name and business practices of a company, this individual owns a Franchise.
Added 10/1/2015 3:44:46 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [10/1/2015 8:26:31 PM]
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