Improve your search results. Select your educational institution and subject so that we can show you the most relevant documents and help you in the best way possible.
Ok, I understand!
Your school or university
Improve your search results. Select your educational institution and subject so that we can show you the most relevant documents and help you in the best way possible.
Here are the best resources to pass ECON 201 Microeconomics for Business (ECON201). Find ECON 201 Microeconomics for Business (ECON201) study guides, notes, assignments, and much more.
All
2 results
Sort by
American Military University > ECON201: Final Exam – 98% CURRENTLY UPDATED 2021.
Exam (elaborations) • 19
pages
• 2021
ECON201: Final Exam – 98% Overall Grade (highest attempt): 157.5 / 160 - 98.44 % Question 1 5/5 One defining characteristic of pure monopoly is that: The monopolist is a price taker The monopolist uses advertising There is relatively easy entry into the industry, but exit is difficult Question 2 5/ 5 Which is a barrier to entry? Close substitutes Diseconomies of scale Price-taking behavior Question 3 5/5 Other things equal, which reduces competition in an industry? Freedom of entry for new fir...
American Military University > ECON201: Final Exam – 98% CURRENTLY UPDATED 2021.
Last document update:
ago
ECON201: Final Exam – 98% Overall Grade (highest attempt): 157.5 / 160 - 98.44 % Question 1 5/5 One defining characteristic of pure monopoly is that: The monopolist is a price taker The monopolist uses advertising There is relatively easy entry into the industry, but exit is difficult Question 2 5/ 5 Which is a barrier to entry? Close substitutes Diseconomies of scale Price-taking behavior Question 3 5/5 Other things equal, which reduces competition in an industry? Freedom of entry for new fir...
American Military University > ECON201: Final Exam – 98%
Exam (elaborations) • 8
pages
• 2021
ECON201: Final Exam – 98%

Overall Grade (highest attempt): 157.5 / 160 - 98.44 %





Question 1	5/5

One defining characteristic of pure monopoly is that: The monopolist is a price taker

 The monopolist uses advertising







 There is relatively easy entry into the industry, but exit is difficult



Question 2	5/5

Which is a barrier to entry?



 Close substitutes



 Diseconomies of scale







 ...
American Military University > ECON201: Final Exam – 98%
Last document update:
ago
ECON201: Final Exam – 98%

Overall Grade (highest attempt): 157.5 / 160 - 98.44 %





Question 1	5/5

One defining characteristic of pure monopoly is that: The monopolist is a price taker

 The monopolist uses advertising







 There is relatively easy entry into the industry, but exit is difficult



Question 2	5/5

Which is a barrier to entry?



 Close substitutes



 Diseconomies of scale







 ...
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching!
Want to regain your expenses?
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching!
Discover all about earning on Stuvia