-One necessary step in demonstrating monopolistic behavior is to define the market. In this process, defendants would:
A)claim that the market was not in equilibrium.
B)want the market defined as narrowly as possible.
C)deny that a market existed.
D)assert that the market was not stable.
E)want the market defined as broadly as possible.

Question

-One necessary step in demonstrating monopolistic behavior is to define the market. In this process, defendants would:
A)claim that the market was not in equilibrium. 
B)want the market defined as narrowly as possible. 
C)deny that a market existed. 
D)assert that the market was not stable. 
E)want the market defined as broadly as possible.

Quizplus · Accepted Answer

Defendants in a monopolistic behavior case would want the market defined as broadly as possible to show that they have less market power and face more competition, making it harder to prove they are a monopoly.

-One Necessary Step in Demonstrating Monopolistic Behavior Is to Define