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Example of a barrier to entry

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Reference no: EM132191738

Which of the following is an example of a barrier to entry?

(i) A key resource is owned by a single firm.

(ii) The costs of production make many producers more efficient than a single producer.

(iii) The government has given the existing monopolist the exclusive right to produce the good.

(i) only

(ii) only

(i) and (ii) only

(i) and (iii) only

(i), (ii), and (iii)

Reference no: EM132191738

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