All of the following are examples of barriers to entry,except one.Which is the exception?
A) significant economies of scale
B) reputation of established firms
C) special deals with distributors
D) excessive prices
E) patents
Correct Answer:
Verified
Q57: A market in which a small number
Q58: Q59: In monopolistic competition,product differentiation causes Q60: Cecilia's Cafe is a monopolistic competitor.If Cecilia's Q61: Oligopolies feature Q63: The output level at which a firm's Q64: By keeping new firms from entering the Q65: In order for a market to be Q66: The airline and long-distance telephone service industries Q67: The key characteristic of oligopoly is
A)the firms to
A)the absence of barriers to entry
B)extensive
A)that firms
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