For monopoly power to persist, there must be some form of _________ to entry into the industry.
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Q73: New firms will enter a perfectly competitive
Q74: In the long run, all firms in
Q75: A perfectly competitive firm takes _ as
Q76: If price is less than average _
Q77: Economies of scale give rise to _
Q79: Alcoa became a monopoly producer of aluminum
Q80: A cartel seeks to restrict industry output
Q81: The demand curve faced by the monopolist
Q82: In order to sell more units of
Q83: The demand curve faced by the monopolist
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