Which of the Following Is Not a Source of Monopoly

question 53

Multiple Choice

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

• A)Exclusive control over inputs
• B)Economies of scale
• C)Patents
• D)Rapid low cost technological change in the industry

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Definitions:

Marketing Researcher

Professionals who study market conditions to examine potential sales of a product or service, aiding companies in understanding what products people want, who will buy them, and at what price.

Respondents

Individuals who answer or respond to surveys, questionnaires, or research studies.

Online Surveys

Tools used for conducting surveys over the internet to collect data or opinions from a wide audience at a relatively low cost.

Email Surveys

A technique for gathering information and responses by distributing questionnaires to participants through email.