Multiple Choice
Which of the following is not a barrier to entry that typically results in monopoly?
A) The firm controls the entire supply of a raw material.
B) Production of the industry's product is subject to economies of scale over a broad range of output.
C) Production of the industry's product requires a large initial capital investment.
D) The firm holds an exclusive government franchise.
Correct Answer:

Verified
Correct Answer:
Verified
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