GMAT question - If a firm in a market with no entry or exit barriers...

Idiomatic expressions practice questions: 1 of 7

Type: Sentence Correction

Difficulty: 1 star rating

If a firm in a market with no entry or exit barriers raises its prices above marginal cost and begins to earn abnormal profits, potential rivals will enter the market to make an advantage of these profits.

make an advantage of these profits
take advantage with these profits
profit from these advantages
take advantage of these profits
take advantage from this profit