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What are some of the different types of barriers to entry that give rise to monopoly power?

What are some of the different types of barriers to entry that give rise to monopoly​ power? Give an example of each.

The most common types of barriers to entry are

A.

Exclusive​ rights, which can result in natural​ monopolies, and economies of​ scale, such as​ copyrights, patents, and licenses.

B.

Environmental​ regulations, where production requires​ permits, and exclusive​ rights, such as​ copyrights, patents, and licenses.

C.

Exclusive​ rights, such as​ copyrights, patents, and​ licenses, and economies of​ scale, which can result in natural monopolies.

D.

Environmental​ regulations, where production requires​ permits, and economies of​ scale, which can result in natural monopolies.

E.

Exclusive​ rights, such as​ copyrights, patents, and​ licenses, and the availability of close​ substitutes, which can increase the price elasticity of demand.

Top Answer

C. Exclusive​ rights, such as​ copyrights,... View the full answer

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