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A barrier to entry that results from a firm's ability to exploit economies of scale is known as: Natural monopoly Product differentiation Oligopoly Monopolistic competition
A barrier to entry that results from a firm's ability to exploit economies of scale is known as: Natural monopoly Product differentiation Oligopoly Monopolistic competition
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Managerial Economics and Business Strategy
Authors: Michael Baye, Jeff Prince
8th edition
9780077802615, 73523224, 77802616, 978-0073523224
