Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 12 - Pure Monopoly - Discussion Questions: 2

Answer

The answer is below.

Work Step by Step

If a lot of products need to be made, it can be hard to enter the market, for producing a lot of products requires a lot of resources that many entrepreneurs do not have.
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