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    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 15: Monopoly
  5. Question
    A Monopoly Is Likely to Occur If It Is the Incumbent
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A Monopoly Is Likely to Occur If It Is the Incumbent

Question 10

Question 10

True/False

A monopoly is likely to occur if it is the incumbent firm and there are significant barriers to entry.

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