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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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7 years ago
A monopolist
A) is protected from competition by barriers to entry.
B) faces the same pressures to cut costs as a competitive firm does.
C) must use the most efficient technology or it will be driven out of business by firms that do.
D) faces the same pressures to innovate as a competitive firm does.
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DeToXiFYDeToXiFY
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7 years ago
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Ryanteck Author
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Thanks for your help!!
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Just got PERFECT on my quiz
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