The South African diamond production monopoly is an example of monopoly through
A) "patent power."
B) legal restriction.
C) control of scarce resources.
D) large sunk costs.
Correct Answer:
Verified
Q92: Which of the following is not a
Q93: A natural monopoly is characterized by the
Q94: A market is not a pure monopoly
Q95: A patent
A)is given only to government owned
Q96: The U.S.government
A)intervenes to prevent the monopolization of
Q98: A natural monopoly market is characterized diseconomies
Q99: Which of the following can serve as
Q100: Which of these would NOT be a
Q101: Which of the following will occur if
Q102: Figure 11-1 ![]()
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