The land you own has the only known source of aloe needed to make anti-itch lotion.In this case,your monopoly results from:
A)government restrictions.
B)location.
C)sunk costs.
D)ownership of scarce inputs.

Question

Quizplus · Accepted Answer

The monopoly in this case is a result of ownership of a scarce input, which is the land with the only known source of aloe. There are no government restrictions or sunk costs involved, and location alone would not create a monopoly unless it also involved ownership of a scarce input.

The Land You Own Has the Only Known Source of Aloe