Which of the following is a source of market power for a monopolist? a. a firm may have a patent or copyright b. a firm may control critical resources c. a firm may have a government-authorized franchise d. a firm may enjoy economies of scale e. all of the above are sources of market power for a monopolist

The correct option is D

Explanation:

Monopolist is a company, individual or a group which controls or regulates all the market for a specific good or service. They have little scope to improve their product as customers will have no alternatives available.

Source of market power they have a copyright or patent, control critical resources, enjoy economies of scale and have the government authorized franchise.

hi noah!

the first time you break a rule, you get a warning.

if you continue to break rules you get kicked out for a certain amount of time.

so, to answer your question 1.

hope this buddy!

- courtney