Q
Which of the following is not a barrier to entry in a monopolized market ?
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A
A. A single firm is very large
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B
B. The government gives a single firm the exclusive right to produce some good
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C
C. The costs of production make a single producer more efficient than a large number of productions
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D
D. A key resource is owned by a single firm
Correct Answer:
A. A. A single firm is very large