The market power that your university's bookstore has now, compared with the 1990s, is limited by
A)new competition laws.
B)public goods provided by the government.
C)university policies against monopoly power.
D)increased access to other booksellers provided by the internet.

Question

Quizplus · Accepted Answer

The increased access to other booksellers provided by the internet has limited the market power that university bookstores had in the 1990s. Customers now have more options to purchase books from, which reduces the amount of market power that the university bookstore has.

The Market Power That Your University's Bookstore Has Now, Compared