Which of the following is not a reason for the existence of a monopoly?
A)sole ownership of a key resource
B)patents
C)copyrights
D)diseconomies of scale

Question

Quizplus · Accepted Answer

Diseconomies of scale refer to a situation where a firm's average costs increase as output increases. This is not a reason for the existence of a monopoly, but rather a factor that could cause a competitive market to become less competitive over time. The other options (A, B, and C) all relate to factors that can lead to the creation of a monopoly.

Which of the Following Is Not a Reason for the Existence