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2 votes
How do barriers to entry affect firms in a monopoly market structure?

a.) They limit the price that established firms can set.
b.) They promote competition among firms.
c.) They inhibit economies of scale from developing.
d.) They protect the profits of the established firm.

asked
User Richmond
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1 Answer

3 votes
A) the limit the price that established firms can set.
answered
User Andy Allison
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