Firms continue to produce (illegally) counterfeit computer software and documentation. Some of the illegal copies are Microsoft products, though Microsoft still has a large share of the market for its products. The presence of enforced copyright protection laws indicates that the market for Microsoft software cannot be considered a competitive market because:
A. pirate producers are not profit-maximizing entrepreneurial firms.
B. the products of pirates are not identical to those of Microsoft.
C. buyers are not price takers.
D. there are significant barriers to entry.
Answer: D
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What will be an ideal response?