Which of the following is not a barrier to entry in a monopolized market

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06-04-2022
Business

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Which of the following is not a barrier to entry in a monopolized market

Sagot :

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Adioabiolaidn Adioabiolaidn · Answer 1 · 2022-04-12T04:55:18-04:00

The answer choice which is not a barrier to entry in a monopolized market is; Choice A; A single large firm.

What is a monopolized market?

A monopolized market is a theoretical scenario that Characterises a market where only one company may offer products and services to the public. A monopolistic market is the direct opposite of a perfectly competitive market, in which an infinite number of firms operate.

On this note, the choice which is not a barrier to entry in such market is; A large single firm.

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What is a monopolized market?

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