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Other Fields Homework Help Economics Topic started by: Izzydhindsa on Jul 22, 2019



Title: Recall the Application about the costs involved in opening a Dunkin' Donuts shop to answer the ...
Post by: Izzydhindsa on Jul 22, 2019
Recall the Application about the costs involved in opening a Dunkin' Donuts shop to answer the following question(s).


Recall the Application. Which of the following prevents Dunkin' Donut from being classified as a monopoly?

▸ There are many sellers of donuts other than Dunkin' Donuts.

▸ Donuts are differentiated products that have many close substitutes.

▸ There are no patents or regulations that prevent entry. All an entrepreneur needs is to pay the franchise fee and the royalties.

▸ All of the above prevent Dunkin' Donuts from being classified as a monopoly.


Title: Recall the Application about the costs involved in opening a Dunkin' Donuts shop to answer the ...
Post by: ShaeTime3 on Jul 22, 2019
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