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    Exam 10: Monopoly
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    State Whether Each of the Following Is a Technical Barrier,legal
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State Whether Each of the Following Is a Technical Barrier,legal

Question 117

Question 117

Essay

State whether each of the following is a technical barrier,legal barrier or an economic barrier.
a)High fixed cost.
b)Patent.
c)Government regulation.
d)Control of a strategic resource.

Correct Answer:

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a)Economic barrier.
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