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  3. Study Set
    Microeconomics Principles
  4. Exam
    Exam 11: Monopoly
  5. Question
    A Monopoly Exists Because of
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A Monopoly Exists Because of

Question 100

Question 100

Multiple Choice

A monopoly exists because of


A) barriers to entry
B) the large number of buyers and sellers
C) the absence of barriers to entry
D) collusion among the dominant firms
E) the absence of exclusive government franchises

Correct Answer:

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