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    Microeconomics Study Set 2
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    Exam 15: Monopoly and Antitrust Policy
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    A Monopoly Is a Firm That Is the Only Seller
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A Monopoly Is a Firm That Is the Only Seller

Question 151

Question 151

Multiple Choice

A monopoly is a firm that is the only seller of a good or service that does not have


A) a patent.
B) a close complement.
C) a barrier to entry.
D) a close substitute.

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