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Author Question: A natural barrier to entry is defined as a barrier that arises because of (Read 125 times)

bcretired

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on: May 24, 2019
A natural barrier to entry is defined as a barrier that arises because of
◦ technology that allows one firm to meet the entire market demand at lower average total cost than could two or more firms.
◦ patents or licenses that exclude others from producing a good or service.
◦ many firms producing the good and thereby allowing choice for all consumers.
◦ anticompetitive practices by a firm that keep other firms from producing.
◦ one firm owning a key natural resource.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by bcretired on May 24, 2019

shaikhs

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bcretired

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

laurnthompson

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Reply 3 on: Yesterday
Wow, this really help

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