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    Exam 8: Monopoly and Other Forms of Imperfect Competition
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    Which of the Following Provides Market Power to a Natural
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Which of the Following Provides Market Power to a Natural

Question 212

Question 212

Multiple Choice

Which of the following provides market power to a natural monopolist?


A) Control of important inputs.
B) Patents.
C) Inelastic demand.
D) An exclusive licence.
E) Economies of scale.

Correct Answer:

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