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essay question-why do industries in which firms with high fixed costs tend to be oligopolistic or monopolistic

2007-03-26 16:24:27 · 1 answers · asked by bob 1 in Education & Reference ➔ Homework Help

1 answers

because nobody else has the capitol to start up and compete. the barrier for entry is too high.

2007-03-26 16:32:43 · answer #1 · answered by Sufi 7 · 0⤊ 0⤋

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