If monopoly power is NOT protected by governments, O A. firms must develop and implement new technologies to increase productivity. B. a country's standard of living will decline. C. firms have no...

Extracted text: If monopoly power is NOT protected by governments, O A. firms must develop and implement new technologies to increase productivity. B. a country's standard of living will decline. C. firms have no incentive to innovate and increase productivity. D. other barriers to technology adoption will emerge. O E. firms must lobby for protection.