2. What are barriers to entry, and why are they crucial to the creation of potential long-run...

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2. What are barriers to entry, and why are they crucial to the creation of potential long-run monopoly profits? Give an example of a barrier that can lead to monopoly. (p. 18)

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Principles Of Microeconomics

ISBN: 9780393614084

2nd Edition

Authors: Lee Coppock, Dirk Mateer

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