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24 August, 12:36

Suppose that your firm has spent several decades establishing a well-known brand name through advertising. If other firms are prevented from entering your industry because of high advertising expense, your monopoly would result from:A) sunk costs.

B) location.

C) economies of scale.

D) government restrictions.

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  1. 24 August, 16:06
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    Location because it was spent on most and the decades were filled with them
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