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    Principles of Microeconomics Study Set 8
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    Exam 8: Monopoly and Other Forms of Imperfect Competition
  5. Question
    The Most Enduring Source of Market Power Is
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The Most Enduring Source of Market Power Is

Question 27

Question 27

Multiple Choice

The most enduring source of market power is


A) economies of scale.
B) patents.
C) inelastic demand.
D) brand loyalty.
E) the existence of only a few firms in the market.

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