____ can arise as the result of economies of scale

Examples of cartels include all the following except:

“Unique resources” as a barrier to entry is exemplified in all of the following except:

In oligopoly

Compared to a brand name firm, a firm with no obvious stake in the future has an easier time persuading potential customers that it will make good on its promises.

Monopoly markets are more competitive than markets with monopolistic competition.

Economic profits are earned

Which of the following is not an example of nonprice competition?

Most economists like perfect competition because

Significant barriers to entry exist in monopolistically competitive markets.