Author Question: Which of the following is not a technical barrier to entry in a monopolized market? a. A patent b. ... (Read 72 times)

imanialler · **on:** Jul 1, 2018

Which of the following is not a technical barrier to entry in a monopolized market?
a. A patent
b. Decreasing average cost
c. A low cost method of production known only by monopolists
d. Increasing returns to scale

Question 2

The relationship between NPV and IRR is such that :
a. both approaches always provide the same ranking of alternatives
b. the IRR of a project is equal to the firm's cost of capital when the NPV of a project is 0
c. if the NPV of a project is negative, then the IRR must be greater than the cost of capital
d. all of the above
e. none of the above