Patents, quotas, tariffs, and government licensing can all create barriers to entry into oligopoly industries.

Name: Patents, quotas, tariffs, and government licensing can all create barriers to entry into oligopoly industries.
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Question

Quizplus · Accepted Answer

These are all forms of government intervention or regulation that can limit the ability of new firms to enter a market, thus maintaining the market power of existing firms in an oligopoly.

Patents, Quotas, Tariffs, and Government Licensing Can All Create Barriers