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Author Question: Monopolistic competitors are protected by barriers to entry. a. True b. ... (Read 67 times)

jwb375

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on: Jun 30, 2018
Monopolistic competitors are protected by barriers to entry.
 a. True
  b. False

Question 2

According to William Shepherd's examination of competitive trends in the U.S. economy, a dominant firm
 a. is a pure monopoly
  b. is a firm with over half the market share and no close rival
  c. is one of four firms that together supply more than 60 percent of the market
  d. is a single firm that controls the entire market and can block entry
  e. is one of four firms that work together to block entry into the market


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LP

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


jwb375

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
Excellent

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