Which market structure has the HIGHEST barriers to entry?
2 answers:
Answer:
Monopoly
Explanation:
Perfect competition Zero barriers to entry
Monopolistic competition Medium barriers to entry
Oligopoly High barriers to entry
Monopoly Very high to absolute barriers to entry
Hope it helps!
Answer:
A) Monopoly
Explanation
Type of market structure Level of barriers to entry
Perfect competition Zero barriers to entry
Monopolistic competition. Medium barriers to entry
Oligopoly High barriers to entry
Monopoly Very high to absolute barriers to entry
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