Answered: A barrier to entry is ________________.…

A barrier to entry is ________________. a. illegal in most markets. b. none of these. c. anything that protects a firm from the arrival of new competitors. d. freedom to enter and exit.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter9: Monopoly

Section: Chapter Questions

Problem 1.2P

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Question

19-

A barrier to entry is ________________.

illegal in most markets.

none of these.

anything that protects a firm from the arrival of new competitors.

freedom to enter and exit.

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