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11 Dec 2019
What qualities would ideally suit a monopolistic firm with regard to barriers to entry?
A. Sufficient strength to prevent or discourage potential competitors from entering the market.
B. Government regulations that provide no barriers to entry, exit, or competition.
C. Government rules on prices, quantities, or conditions of entry in an industry.
D. A few impediments to limit new firms from operating and expanding within the market.
What qualities would ideally suit a monopolistic firm with regard to barriers to entry?
A. Sufficient strength to prevent or discourage potential competitors from entering the market.
B. Government regulations that provide no barriers to entry, exit, or competition.
C. Government rules on prices, quantities, or conditions of entry in an industry.
D. A few impediments to limit new firms from operating and expanding within the market.
Joshua StredderLv10
11 Mar 2021
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