Which of the Following Is NOT a Source of Monopoly

question 17

Multiple Choice

Which of the following is NOT a source of monopoly power?

• A) laws preventing entry of competitors
• B) economies of scale
• C) innovation
• D) inelastic demand for the product

Comprehend the order and grouping of balance sheet accounts.

Recognize the treatment of cash transactions in accounting.

Understand the basic principles of debits and credits in accounting.

Identify which accounts are increased by debits and which by credits.

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