Which of the following describes the type of entry barrier faced for municipal sewage services? O A. There is a natural entry barrier for municipal sewage services because it is cheaper to have only one sewer system serving a given region OB. There is a natural entry barrier for municipal sewage services because entry into the market has been limited by government restriction. C. There is a created entry barrier for municipal sewage services because entry into the market has been limited by the economies of scale. D. There is a created entry barrier for municipal sewage services because it is cheaper to have only one sewer system serving a given region.

Which of the following describes the type of entry barrier faced for municipal sewage services? O A. There is a natural entry barrier for municipal sewage services because it is cheaper to have only one sewer system serving a given region OB. There is a natural entry barrier for municipal sewage services because entry into the market has been limited by government restriction. C. There is a created entry barrier for municipal sewage services because entry into the market has been limited by the economies of scale. D. There is a created entry barrier for municipal sewage services because it is cheaper to have only one sewer system serving a given region.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Externalities

Section: Chapter Questions

Problem 8PA

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