One major barrier to entry under pure monopoly arises from ________.

A. the availability of close substitutes for a product.
B. the price taking ability of the monopoly.
C. diseconomies of scale.
D. the cost of the infrastructure needed to produce.

Answer: D

Economics

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Which market model assumes the least number of firms in an industry?

A. Monopolistic competition B. Pure competition C. Pure monopoly D. Oligopoly

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