Each of the following is a source of monopoly except:
A)Patents.
B)Large economies of scale.
C)Small fixed costs.
D)Government franchise.

Question

Quizplus · Accepted Answer

Small fixed costs do not lead to monopoly power. The other options, such as patents, large economies of scale, and government franchise, can create barriers to entry, allowing a single firm to dominate the market and become a monopoly.

Each of the Following Is a Source of Monopoly Except