Econ201
American Public University System
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APUS ECON201 WEEK 8 FINAL Exam 98% score
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5.0(1)5.048mei 20222020/2021A+
- APUS 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 ind...
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$15.34 Meer Info
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