Which of the following is NOT a source of monopoly power?
A) innovation
B) patents
C) economies of scale
D) marketing

Name: Which of the following is NOT a source of monopoly power? A) innovation B) patents C) economies of scale D) marketing
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Question

Quizplus · Accepted Answer

Marketing can contribute to a firm's market power, but it is not considered a source of monopoly power on its own. Innovation, patents, and economies of scale are all factors that can lead to a firm holding a monopoly or near-monopoly position in a market.

Which of the Following Is NOT a Source of Monopoly