[Solve] The fundamental cause of monopoly is a. incompetent management in competitive firms. b. barriers to entry. c. the zero-profit feature

The fundamental cause of monopoly is a. incompetent management in competitive firms. b. barriers to entry. c. the zero-profit feature of long-run equilibrium in competitive markets. d. advertising.

Please let us know your comments regarding the correct answer to the question. Each of your comments will be evaluated by us and correct comments will be shared.

Leave a Reply

Your email address will not be published. Required fields are marked *