Which of the following does not contribute to a firm maintaining a monopoly?
A)A patent.
B)Exclusive control of important resources.
C)Mergers and acquisitions.
D)The presence of many close substitutes for its product.

Question

Quizplus · Accepted Answer

The presence of many close substitutes for its product would make it difficult for a firm to maintain a monopoly, as consumers would have alternative options to choose from. A patent, exclusive control of important resources, and mergers and acquisitions can all contribute to a firm maintaining a monopoly.

Which of the Following Does Not Contribute to a Firm