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Author Question: When economists say a market has "barriers to entry" they refer to: (Read 74 times)

torybrooks

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When economists say a market has "barriers to entry" they refer to:
◦ factors that prevent other firms from challenging a firm with market power.
◦ a policy that some countries establish to reduce imports from other countries.
◦ economic profits that are positive, but too high to encourage entry.
◦ monopolists being prohibited from selling their products to certain customers.


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Marked as best answer by torybrooks on Jul 20, 2019

CAPTAINAMERICA

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torybrooks

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Reply 2 on: Jul 20, 2019
:D TYSM


amandanbreshears

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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