Barriers of entry with oligopoly market structure

Barriers of entry tend to be important, and main industries dominated by some huge firms while the market structure is an: (w) monopoly. (x) perfect competition. (y) oligopoly. (z) cartel.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

View Complete Question

Related Questions in Microeconomics

Q : Discretionary fiscal policy Choose the

Choose the right answer from following. Discretionary fiscal policy refers to: A) any change in government spending or taxes that destabilizes the economy. B) the authority that the President has to change personal income tax rates. C) changes in taxes and government

Q : Takeaway curries-when have you had

‘Is the price of a product for instant consumption – similar to a takeaway curry – equivalent to its worth or advantage to a consumer?’

Q : Supply curve for perishable goods The

The supply curve for perishable goods which, once produced, can’t be stored in inventory is generally functioned as perfectly price inelastic into the: (i) short-run. (ii) intermediate period. (iii) long-run. (iv) market period. (v) fiscal year

Q : Economic profit at profit-maximizing

HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. When HoloIMAGine produces its profit-maximizing output, this is demonstrated as: (w) operating in the long run. (x) realizing an economic profit equ

Q : Shifting of labor demand for Labor The

The labor demand will shift due to the modifications in all of the given except: (1) Prices of other resources. (2) Prices of the output. (3) MPP (4) Salaries. Can someone please help me in finding out the accurate answer from the

Q : Increment in quantity demanded by price

A demand curve has a slope which would be expressed as like $5/ (1 extra ton demanded) when a: (w) 5 % price cut raises quantity demanded by 1 %. (x) $5 price cut increases quantity demanded by 2000 lbs. (y) $5 price hike boosts quantity supplied by 2

Q : Problem on Industrial Unions I have a

I have a problem in economics on Problem on Industrial Unions. Please help me in the following question. The United Auto Workers (or UAW) is an illustration of a(n): (1) Mechanical union. (2) Company union. (3) Craft union. (4) Industrial union.

Q : Reasons for shifting demand curve

Probable reasons for this shift of demand curve from D0 to D1 would not comprise: (1) lowering the lowest age for a driver’s license. (2) Reduces in the prices of ski boats. (3) Raised prices for airline tickets. (4) Decrease in the relative price of gasoline. (

Q : Problem on organizing the business The

The individual who wants to begin up a business, however who not want to risk in losing personal property if the business fails, must organizes the business as: (1) Sole proprietorship. (2) Partnership. (3) Corporation. (4) Unlimited partnership.

Q : Average retail price and the consumer

Table illustrates the average retail price of milk and the Consumer Price Index from the year 1980 to 1998.

Discover Q & A

Leading Solution Library

Avail More Than 1424407 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1957578
Asked

3,689

Active Tutors

1424407

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment