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emyleepatton emyleepatton
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5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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amw87470amw87470
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5 years ago
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emyleepatton Author
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5 years ago
Brilliant ツ
Tim0301
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Helped a lot
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This site is awesome
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