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Question 1 Not yet answered Points out of 1.00 P Flag question Identify the barrier to entry that best matches the following news stories about
Question 1 Not yet answered Points out of 1.00 P Flag question Identify the barrier to entry that best matches the following news stories about monopolies: IN THE NEWS US FTC Enables Boeing-Lockheed "Monopoly" On 3 October 2006, the Federal Trade Commission (FTC) announced its tentative approval of merging Boeing and Lockheed Martin's space launch divisions to create the United Launch Alliance (ULA). .. .-this decision in essence creates a single-source supplier for putting US satellites on orbit. In August 2006, Kenneth Krieg, head of acquisitions for the Pentagon, wrote to the FTC to support the proposed merger. He acknowledged that while it "will almost certainly have an adverse effect on competition, including higher prices over the long term, as well as a diminution in innovation and responsiveness," he still thought, "The national security advantages of ULA are paramount to the department's support of the transaction." Apparently, the FTC took his recommendation to heart. -Victoria Samson for Center for Defense Information (CDI) November 30, 2006 Source: Samson, Victoria, "US FTC Enables Boeing-Lockheed "Monopoly," Center for Defense Information. @2017 ETH Zurich. The barrier to entry that best matches is: Select one: Oa. Economies of scale Ob. Control of key inputs Oc. Patents Od. Mergers or acquisitionQuestion 2 Mot yet answered Points out of 1.00 Flag question Identify the barrier to entry that best matches the following news stories about monopolies: WORLD VIEW Russia's Sable Monopoly Persists Ancient Greeks and Romans called the fur of the sable the \"Golden Fleece.\" Unlike any other fur, sable is smooth in all directions, even after stroked. Living in the wilds of Sibena, the sable has always been one of Russia's most valuable exports. In 1697 Peter the Great decreed a monopoly on sable, forbidding the export of live sables or the technology of breeding them. In the 1980s Russia was selling more than 15 million sable pelts a year and reaping monopoly-type profits. Exporting live sables or the breeding technology was a crime punishable by death. The plot of the 1983 movie, Gorky Park, centers on the murder of three men who attempted to export live sables out of Russia. The barrier to entry that best matches is: Select one: Oa. Control of key inputs Ob. Economies of scale Oc. Patents (Od. Mergers or acquisition Question 3 Not yet answered Points out of 1.00 Flag question How many computers will the monopolist sell to maximize profit? Select one: Oa. 800 Ob. 400 Oc. 0 Od. 600 Question 4 Not yet answered Points out of 1.00 Flag question At what price will the monopolist sell each computer? Select one: Oa. $2,000 Ob. $1,000 Oc. $4,000 Od. $3,000
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