A barrier to entry
A) makes it illegal for firms to enter the industry.
B) can be thought of as unrelated to monopoly.
C) slows or even prevents entry into a market.
D) usually takes the form of a cartel.
C
Economics
You might also like to view...
In the above figure, a sales tax of $1 per unit imposed on sellers shifts the
A) demand curve rightward. B) supply curve leftward. C) demand curve leftward. D) supply curve rightward.
Economics
Serious environmental problems are
A. unique to industrial economies. B. unique to Western economies. C. unique to civilized economies (i.e., those in which people live mainly in cities). D. experienced by centrally planned and market-based economic systems.
Economics