Financial, legal, technical, and other factors that prevent firms from coming into a market to compete are called:
A) unconstitutional.
B) barriers to entry.
C) never a problem in markets where there are only a few sellers.
D) more likely to be found in purely competitive markets than in oligopolistic markets.
Correct Answer:
Verified
Q17: Which is the correct sequence if we
Q18: In which of these markets would you
Q19: Markets with a large number of sellers
Q20: Which of the following is NOT a
Q21: Which of the following would most likely
Q23: Which of the following could NOT create
Q24: Which of the following is NOT found
Q25: An individual seller has no control over
Q26: An individual purely competitive seller has:
A) no
Q27: An individual seller in a purely competitive
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