MCQOPTIONS
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| 1. |
What is monopoly power? |
| A. | hen an organization has absolute power in its chosen marketplace |
| B. | hen an organization has power over its immediate rivals in its chosen marketplace |
| C. | hen an organization has limited power in its chosen marketplace |
| D. | hen an organization buys out another organization and assumes power of its share of the marketplace |
| Answer» B. hen an organization has power over its immediate rivals in its chosen marketplace | |