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Explain the implications of the feature ‘barriers to entry’ under monopoly

      

Explain the implications of the feature ‘barriers to entry’ under monopoly

  

Answers


marlyne
Under monopoly, there exists strong barriers which prevent the entry of other
firms in the market. These barriers may be legal barriers, raw materials, or
technological barriers.

marlinbito answered the question on May 12, 2018 at 12:38


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