Engineering Economics
Aggregation of individuals formed for the purpose of conducting a business and recognized by law as a fictitious person is called ______.

Investors
Corporation
Partnership
Stockholders

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Engineering Economics
Perfect monopoly exists only if:

the single vendor is the only one who has the knowledge of the product
the single vendor can prevent the entry of all other vendors in the market
the single vendor gets the absolute franchise of the product
the single vendor is the only one who has the permit to sell

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