

McqMate
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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