A major source of monopoly power in a market is

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     a low market elasticity of demand.
      a high market price elasticity of demand.
      aggressive rivalry between firms in a market.
      the presence of many firms in a market.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

0 votes
a low market elasticity of demand.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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