Which of the following refers to an important monopolistic advantage for firms?

Question

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Proprietary knowledge, also known as intellectual property, refers to knowledge that is owned by a particular firm and cannot be easily replicated by competitors. This can give the firm a competitive advantage and even lead to a monopoly if the knowledge is valuable enough. The other choices, such as imitable skills, unskilled labor, and favorable climate, are not necessarily advantages in terms of monopolistic competition.

Which of the Following Refers to an Important Monopolistic Advantage