A major source of monopoly power in a market is / » Micro economics 2 solved MCQs / By admin Question: A major source of monopoly power in a market is A. a low market elasticity of demand B. a high market price elasticity of demand C. aggressive rivalry between firms in a market D. the presence of many firms in a market Answer» a. a low market elasticity of demand Note: The above multiple-choice question is for all general and Competitive Exams in India.
