In which of the following industry structures is the entry of new firms the most difficult?
A)pure monopoly
B)oligopoly
C)monopolistic competition
D)pure competition

Name: In which of the following industry structures is the entry of new firms the most difficult? A)pure monopoly B)oligopoly C)monopolistic competition D)pure competition
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Question

Quizplus · Accepted Answer

In a pure monopoly, a single firm dominates the market, and there are significant barriers to entry, making it difficult for new firms to enter.

In Which of the Following Industry Structures Is the Entry