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  4. Barriers to entry to the monopolistically competitive industry a. Enable these firms to earn substantial...

Barriers to entry to the monopolistically competitive industry a. Enable these firms to earn substantial...

Barriers to entry to the monopolistically competitive industry
a. Enable these firms to earn substantial economic profits in the long run
b. Don’t exist
c. Are primarily based upon prices
d. Are greater than those purely competitive industries but less than those to monopolies or oligopolies
e. Are less than those competitive industries than those to monopolies or oligopolies?
In Economics
2 Answers Available
Asked by Borrison on 25th May, 2019
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free