If firms have to spend money on creating and protecting their monopoly power, they're going to buy:
A) more monopoly power than if it were free.
B) the same monopoly power as if it were free.
C) less monopoly power than if it were free.
D) no monopoly power.

Question

Quizplus · Accepted Answer

When firms have to spend money to create and protect monopoly power, they will likely purchase less of it compared to if it were free, due to the additional costs involved.

If Firms Have to Spend Money on Creating and Protecting