Which of the following is NOT an example of natural market power?
A) Economies of scale
B) A copyright
C) Control of a key resource
D) Presence of a network externality

Question

Quizplus · Accepted Answer

Natural market power refers to a situation where a firm has a significant advantage over its competitors due to factors such as economies of scale, control of a key resource, or network externalities. Copyright, on the other hand, is a legal protection that prevents others from using or reproducing a company's original work or product, and is not an example of natural market power.

Which of the Following Is NOT an Example of Natural