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Posts: 70
2 weeks ago
Which of the following is NOT a barrier to entry that would allow a monopolist to keep potential competitors out of its market?

• The firm has a patent on the good or control over some resource required for the production of the good.

• Significant economies of scale exist.

• The market price of the product is too high.

• The firm has government authorization to be a monopoly.
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Economics Today: The Micro View
Edition: 19th
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2 weeks ago
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The market price of the product is too high.
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