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

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Definitions:

Prefixes

Prefixes are letters or groups of letters added to the beginning of a word to alter its meaning, such as "un-", "re-", and "pre-".

Suffixes

Suffixes are letter groups added at the end of a word to create a new word or change the word's form or meaning.

Morphemes

The smallest grammatical units in a language that carry meaning.

Smallest Meaningful Units

Refers to morphemes, the minimal units of meaning in a language.