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Author Question: When economists say a market has "barriers to entry" they refer to: (Read 66 times)

torybrooks

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on: Jul 20, 2019
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.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by torybrooks on Jul 20, 2019

CAPTAINAMERICA

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Reply #1 on: Jul 20, 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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torybrooks

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Reply 2 on: Jul 20, 2019
YES! Correct, THANKS for helping me on my review

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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