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Which of the following are true about natural barriers to entry? IF MORE THAN ONE ANSWER IS TRUE, CHECK ALL THAT APPLY. COPYRIGHTED MATERIAL. NOT

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Which of the following are true about natural barriers to entry? IF MORE THAN ONE ANSWER IS TRUE, CHECK ALL THAT APPLY. COPYRIGHTED MATERIAL. NOT TO BE SHARED. They include patent laws and exclusive government franchises They arise from increasing long run average total costs Encouraging competition in these cases would not be a good policy. They are often dealt with through government regulation They are created when one firm controls some natural resources needed to produce the product

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