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Q1:Explain 4 factors that may serve as barriers to entry to a Monopoly Market Structure. Q2: Is a monopolist a price taker. Explain Q3: How

Q1:Explain 4 factors that may serve as barriers to entry to a Monopoly Market Structure.

Q2: Is a monopolist a price taker. Explain

Q3: How does the quantity produced and price charged by a monopolist compare to that of a perfectly competitive firm?

Q4: Why are generic pharmaceuticals significantly cheaper than name brand ones?

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