In which set of market models are there the most significant barriers to entry?

A. Monopolistic competition and pure competition
B. Monopolistic competition and pure monopoly
C. Oligopoly and monopolistic competition
D. Oligopoly and pure monopoly

D. Oligopoly and pure monopoly

Economics

You might also like to view...

If in the market for peaches the supply curve has shifted to the left

A) the quantity of peaches supplied has decreased. B) the quantity of peaches supplied has increased. C) the supply of peaches has increased. D) the supply of peaches has decreased.

Economics

If disposable income falls by $40 billion and consumption falls by $30 billion, then the slope of the consumption function is

A) 1.33. B) 0.75. C) 0.4. D) 0.3.

Economics