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    Microeconomics Study Set 23
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    Exam 8: Profit Maximization and Competitive Supply
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    Which of the Following Costs May Provide Barriers to Entry
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Which of the Following Costs May Provide Barriers to Entry

Question 37

Question 37

Multiple Choice

Which of the following costs may provide barriers to entry in a market?


A) High research and development expenditures
B) License fees
C) Sunk costs associated with specialized facilities
D) all of the above

Correct Answer:

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