Each of the following firms possesses market power. Explain its source. a. Merck, the producer of the
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a. Merck, the producer of the patented cholesterol-lowering drug Zetia
b. Waterworks, a provider of piped water
c. Chiquita, a supplier of bananas and owner of most banana plantations
d. The Walt Disney Company, the creators of Mickey Mouse
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a Merck has a patent for Zetia This is an example of a governmentcreated ba...View the full answer
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