Multiple Choice
Which of the following would least likely be a barrier to entry into a monopoly?
A) Economies of scale enjoyed by a large firm.
B) Tariffs on foreign goods are eliminated.
C) A company is the sole inventor of what it produces and no one else can make a good substitute.
D) Government restrictions such as license requirements are enacted.
E) A company is the only owner of an essential resource needed to produce its product.
Correct Answer:

Verified
Correct Answer:
Verified
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