Conditions that keep new firms out of a monopoly market are:

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Barriers to entry refer to the obstacles that make it difficult or impossible for new firms to enter a market. These may include high start-up costs, regulatory barriers, patent and copyright protections, economies of scale, and exclusive control over essential inputs or distribution channels. Such barriers protect existing firms from competition and can maintain a monopolistic market structure. The other options, terms of sale, labor market stipulations, and production controls, do not necessarily affect market entry but rather relate to pricing, employment standards, and operational efficiency.

Conditions That Keep New Firms Out of a Monopoly Market