Which of the following is a way to deter entry? OA. increase costs through legislation that affects only new entrants OB. obtain a patent so that others must license your invention OC. raise switching costs for customers that use your products OD. All of the above.

Which of the following is a way to deter entry? OA. increase costs through legislation that affects only new entrants OB. obtain a patent so that others must license your invention OC. raise switching costs for customers that use your products OD. All of the above.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: Monopoly

Section: Chapter Questions

Problem 1PA

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Question

Which of the following is a way to deter entry?
OA. increase costs through legislation that affects only new entrants
OB. obtain a patent so that others must license your invention
OC. raise switching costs for customers that use your products
OD. All of the above.

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