Q.

Which of the following is a barrier to entry that typically results in monopoly?

A. The firm controls the entire supply of a raw material
B. Production of the industry\s product is subject to economies of scale over a broad range of output
C. Production of the industry\s product requires a large initial capital investment
D. The firm holds an exclusive government franchise
Answer» C. Production of the industry\s product requires a large initial capital investment
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Micro economics 2

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