

MCQOPTIONS
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1. |
Which of the following is not a barrier to entry in a monopolized market ? |
A. | A single firm is very large |
B. | The government gives a single firm the exclusive right to produce some good |
C. | The costs of production make a single producer more efficient than a large number of productions |
D. | A key resource is owned by a single firm |
Answer» B. The government gives a single firm the exclusive right to produce some good | |