Which of the following factors can delay the entry of new ...

[jman1234]

Which of the following factors can delay the entry of new competitive firms into the oligopoly market characterized by a dominant firm and some fringe firms?
 a. Mergers and acquisitions
  b. Price threat
  c. Brandname and reputation of the dominant firm
  d. Quality controls set by the government

Question 2

If a monopolist is producing at that output where price equals average variable cost in the short run, then it is earning a negative profit.
 a. True
  b. False
  Indicate whether the statement is true or false

[cclemon1]

Answer to Question 1

C

Answer to Question 2

True

[jman1234]

YES! Correct, THANKS for helping me on my review

[CAPTAINAMERICA]

Thanks for the timely response, appreciate it