Ask Question
25 June, 03:59

Limited government licenses that create a monopoly do so because the license generates a marginal cost advantage. the monopoly will become a natural monopoly. a barrier to enter the market exists. all of the above.

+4
Answers (1)
  1. 25 June, 05:04
    0
    Limited government licences that create a monopoly do so because a barrier to enter the market exists.

    Monopoly can be established by the government by a form of integration or form naturally, it can preserve excess profit because barriers to entry prevent competitors from entering the market.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Limited government licenses that create a monopoly do so because the license generates a marginal cost advantage. the monopoly will become ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers