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Author Question: Which type of barrier to entry would allow an electricity distribution company to maintain a ... (Read 77 times)

saliriagwu

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on: May 25, 2020

Question 1

Which one of the following would NOT be a barrier to firms entering an industry?
◦ Patents on key processes
◦ An upward-sloping long-run average cost curve
◦ Large initial capital costs
◦ Substantial economies of scale
◦ The threat of takeover by the existing firm(s)

Question 2

Which type of barrier to entry would allow an electricity distribution company to maintain a monopoly over the local supply of electricity?
◦ Ownership of a scarce input
◦ A patent
◦ Diseconomies of scale
◦ Legal controls
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by saliriagwu on May 25, 2020

cuttiesgirl16

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Reply #1 on: May 25, 2020
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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saliriagwu

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Reply 2 on: May 25, 2020
:D TYSM

Liddy

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

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