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Author Question: When one firm sells a good or service that has no close substitutes and a barrier blocks the entry ... (Read 214 times)

Jipu 123

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on: May 24, 2019
When one firm sells a good or service that has no close substitutes and a barrier blocks the entry of new firms, what type of market is this?
◦ perfect competition
◦ only monopoly
◦ oligopoly
◦ only monopolistic competition
◦ either monopoly or monopolistic competition
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Jipu 123 on May 24, 2019

Jayson

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jipu 123

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

nanny

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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