In Barylia,Greenaqua Corp.is the sole controller of a resource required for the production of bottled drinking water.Therefore,Greenaqua Corp.enjoys ________ market power.
A) legal
B) natural
C) regulated
D) competitive

Question

Quizplus · Accepted Answer

Greenaqua Corp's market power is natural because they are the only controller of a resource required for the production of bottled drinking water, which gives them a monopoly over the market. There are no legal, regulated or competitive factors influencing their market power in this scenario.