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    Microeconomics Study Set 44
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    Exam 13: Monopoly
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    A Monopoly Is Most Likely to Be Temporary If the Monopoly
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A Monopoly Is Most Likely to Be Temporary If the Monopoly

Question 224

Question 224

Multiple Choice

A monopoly is most likely to be temporary if the monopoly power is derived from:


A) high barriers to entry.
B) a lack of substitutes for the monopolist's product.
C) economies of scale.
D) technological change.

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