Barriers To Entry Flashcards
1
Q
what is a barreir to entry
A
Any obstacle preventing new firm from entering a market
2
Q
Barriers to entry are also known as
A
sources of monopoly power
Micro Economics > Barriers To Entry > Flashcards
what is a barreir to entry
Any obstacle preventing new firm from entering a market
Barriers to entry are also known as
sources of monopoly power