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Homework answers / question archive / Which of the following firms is likely to have the greatest market power? a

Which of the following firms is likely to have the greatest market power? a

Marketing

Which of the following firms is likely to have the greatest market power?

a. an electric company

b. a farmer

c. a grocery store

d. a local electronics retailer

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The correct option is:

a. an electric company

Out of all the given options, only the electric company has the power to change the product or its supply in the market.