Which of the Following Is a Barrier to Entry in a Monopoly

question 67

Multiple Choice

Which of the following is a barrier to entry in a monopoly market?

• A) Economic profit of the monopolist.
• B) Antitrust laws.
• C) A rising long-run average total cost curve.
• D) Economies of scale.

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Definitions:

Reliability

The consistency and stability with which a test or method measures something.

Relatively Consistent

Characterized by being comparatively stable or unchanging over time or in comparison to something else.

Psychological Tests

Standardized measures designed to evaluate various aspects of a person's mental health, intelligence, abilities, or personality.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many types of data where most values cluster around a central mean.