A monopoly faced with the possibility that another firm may enter is a(n)

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An insecure monopoly is a monopoly facing the possibility of new entry, which could threaten its market power and profits. Natural monopolies have high barriers to entry based on economies of scale or other factors, while a competitive monopoly is a contradiction in terms as a monopoly implies lack of competition. Oligopolies are markets dominated by a few large firms, and may or may not have barriers to entry.

A Monopoly Faced with the Possibility That Another Firm May