Patents and other legal barriers

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Choose a pro sports team and describe what type of organization it is (Monopoly, Oligopoly, etc). If its a monopoly, discuss its cost complementarity, patents and other legal barriers, marginal revenue, implications of entry barriers, and conditions for monopolistic competition. If its a oligopoly organization, discuss its profit maximization, changes in marginal costs, and contestable markets. Be sure to follow APA guidelines and cite your sources.

Reference no: EM131536212

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