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    Microeconomics Study Set 40
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    Exam 13: Monopoly
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    If Your Farm Had the Only Known Source of a Rare
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If Your Farm Had the Only Known Source of a Rare

Question 64

Question 64

Multiple Choice

If your farm had the only known source of a rare cocoa bean needed to make chocolate- covered peanuts, your monopoly would result from:


A) control of a scarce resource or input.
B) technological superiority.
C) increasing returns to scale.
D) government-created barriers.

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