Which of the Following Qualify as Barriers to Entering a Monopoly

question 62

Multiple Choice

Which of the following qualify as barriers to entering a monopoly market?
(i) a key resource's ownership is not defined
(ii) the government has given the existing monopoly the exclusive right to produce the good
(iii) the costs of production make a single producer more efficient than a large number of producers

• A)(i) and (ii)
• B)(ii) and (iii)
• C)(i) only
• D)(i), (ii) and (iii)

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Definitions:

Incongruent Self-Concept

A state where there is a mismatch between one's self-perception and the reality of one's attributes or experiences.

Unconditional Affection

An affectionate feeling or action shown towards someone regardless of their actions or faults.

Conditional Affection

Affection or emotional support shown towards someone that is dependent on specific conditions or behaviors they exhibit.

Reaction Formation

A defense mechanism where an unacceptable impulse is transformed into its opposite, often in behavior and attitudes.