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Mimi

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Which one of the following is not a possible barrier to entry high enough to keep competing firms out of a monopoly industry?
 
  A) large economies of scale that result in a natural monopoly
  B) The monopoly firm has control of a key resource necessary to produce a good.
  C) a high concentration ratio
  D) There are important network externalities in supplying a good or service.

Question 2

Of all barriers to entry, the most important are those that are due to
 
  A) economies of scale. B) government-imposed barriers.
  C) the Herfindahl-Hirschman Index. D) ownership of a key input.


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rosiehomeworddo

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Mimi

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Reply 2 on: Jun 29, 2018
Wow, this really help


Hdosisshsbshs

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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