Question

. A new firm can easily enter a/an_____ market.

a. Oligopoly

b. Monopoly

c. Perfectly competitive

d. Duopoly

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Answer 1

Answer:

oligopoly

Explanation:

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Answer 2

A new firm can easily enter a/an_ perfectly competitive_ market.

All the given options are various forms of market.

Oligopoly, Monopoly, Duopoly are imperfect forms of market.

In all the imperfect forms of market the entry and exit of the firm is difficult.

There are a lot of barriers in imperfect forms of market due to high level of competition, patents, license, complex guidelines for entry etc.