Which of the following is not a source of market power in the United States?
A) low barriers to entry.
B) the cost advantages existing firms may have over potential new firms.
C) technical conditions of production.
D) a single firm having exclusive access to an essential input.
Correct Answer:
Verified
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Q47: A cartel would most likely form if:
A)
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A)
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A) marginal
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Q54: Government encourages market power when it:
A) promotes
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