In the event that Only1Corp. obtains control of all the natural gas producers in the US, it would most likely
A) have a patent giving it exclusive legal rights to make, use, and sell for a limited time.
B) raise prices, cut production, and realize positive economic profits.
C) have legal protection to prevent copying its methods of production for commercial use.
D) acquire rights for its investors to produce and sell their product.

Question

Quizplus · Accepted Answer

Gaining control of all natural gas producers would give Only1Corp. a monopoly in the market, allowing it to manipulate supply and prices to maximize profits, leading to higher prices, reduced production, and increased economic profits.

In the Event That Only1Corp