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8 August, 15:37

Which of the following is associated with a high degree of monopoly power?

A. Low barriers to entry

B. A relatively elastic demand curve for the firm

C. Significant price competition among firms in the market

D. A small number of firms in the market

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Answers (1)
  1. 8 August, 19:28
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    D. A small number of firms in the market
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