Question: For which of the following market structures is it assumed that there are barriers to entry?
(a) Perfect competition
(b) Monopolistic competition
(c) Monopoly
(d) All of the above
Answer: (c) Monopoly
Question: For which of the following market structures is it assumed that there are barriers to entry?
(a) Perfect competition
(b) Monopolistic competition
(c) Monopoly
(d) All of the above
Answer: (c) Monopoly
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