What is likely to occur if a market that was previously competitive turns into a monopoly?
- Abarriers to entry decrease, economies of scale decrease, the size of the firm increases
- Bbarriers to entry decrease, economies of scale increase, the size of the firm decreases
- Cbarriers to entry increase, economies of scale decrease, the size of the firm decreases
- Dbarriers to entry increase, economies of scale increase, the size of the firm increases