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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Which of the following describes a barrier to entry?
A) something that establishes a barrier to expanding output
B) anything that protects a firm from the arrival of new competitors
C) a government regulation that bars a monopoly from earning an economic profit
D) firms already in the market incurring economic losses so that no new firm wants to enter the market
E) Firms are legally prohibited from exiting the market in order to enter another market.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
You're welcome Happy Dummy
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