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.Management Sciences
A. Patents
B. Internal economies of scale
C. Mobility of resources
D. High investment costs
Related Mcqs:
- The inefficiency associated with monopoly is due to ?
- A. underproduction of the good B. the monopoly’s profits C. the monopoly’s losses D. overproduction of the good...
- The monopolist’s supply curve ?
- A. does not exist B. is the marginal cost curve above average variable cost? C. is the marginal cost curve above average total cost D. is the upward-sloping portion of the average total cost curve E. The upward-sloping portion of the average variable cost...
- The purpose of antitrust (also known as competition) laws is to ?
- A. Increase competition in an industry by preventing mergers and breaking up large firms. B. regulate the prices charged by a monopoly C. increase merger activity to help generate synergies that reduce costs and raise efficiency. D. create public ownership of natural monopolies E. all of these answers...
- Compared to a perfectly competitive market a monopoly market will usually generate ?
- A. higher prices and lower output B. higher prices and higher output C. lower prices and lower output D. lower prices and higher output...
- Using government regulations to force a natural monopoly to charge a price equal to his marginal cost will ?
- A. Cause the monopolist to exit the market B. improve efficieny C. raise the price of good D. attract additional firms to enter the market...
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