Which of the Following Statements Holds True for Monopoly Power

Multiple Choice

Which of the following statements holds true for monopoly power?

A) Mere possession of monopoly power violates Section 1 of the Sherman Act.
B) Monopoly power "thrust upon" a firm violates Section 2 of the Sherman Act.
C) Monopoly power which exists because of a patent or franchise violates the Clayton Act.
D) If the firm engages in conduct that has the effect of extending the monopoly power, it does not violate the Sherman Act.
E) Proof of monopoly power is insufficient to qualify as a violation of the Sherman Act.