Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Which market structure has the HIGHEST barriers to entry?


monopoly

monopolistic competition

oligopoly

perfect competition


Sagot :

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