--%>

Barriers to entry

A barrier to entry is: (w) an impediment for firms to expand their output capacity. (x) a limit to the number of entrants to a monopolist industry. (y) an obstacle which makes this hard for new firms to enter the industry. (z) the fixed cost to a potential competitor of building a factory.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Means of monopolistic competition

    Select the right answer of the question. Monopolistic competition means: 1) a market situation where competition is based entirely on product differentiation and advertising. 2) a large number of firms producing a standardized or homogeneous product. 3) many firms pro

  • Q : Majority of surviving below the poverty

    In the United States, a mainstream of those living below “the poverty line”: (1) have televisions, automobiles, main appliances, and other amenities possessed only by the wealthy [when anyone] in earlier times and nowadays, only by the wea

  • Q : Purpose of HMOs and PPOs Give the

    Give the answer of following question. The main purpose of HMOs and PPOs is to: A) reduce health care costs for employers and their employees. B) reduce medical malpractice suits. C) enable groups of physicians to increase their fees. D) direct patients to specialists

  • Q : Resources to escape state of destitution

    When an individual or family lacks adequate resources to escape a state of destitution, their circumstances are described as: (1) involuntary poverty. (2) relative poverty. (3) a vicious cycle of poverty (4) institutional poverty. (5) a culture of pov

  • Q : Present value of a bond paying by

    At an interest rate of 5 percent per year the present value of a bond paying $100 yearly forever is: (a) infinite. (b) $500. (c) $909.10. (d) $2000. I need a good answer on the topic of Economics problems. Please give me your sugge

  • Q : Income elasticity of positive and

    This given figure as in below demonstrates how consumption of goods A, B, C and D varies like a family’s income changes. Since income rises, the income elasticity of demand is positive and increasing for: (w) good A. (x) good B  (y) good C.

  • Q : Analytic Time-The Market Immediate The

    The analytical period of time is very short that the firm could not adjust output by hiring more or less of a variable resource was recognized by Alfred Marshall as: (1) Immediate or market period. (2) Long run. (3) Short run. (4) Technological or temporal long run.

  • Q : Typical purely competitive firm in

    The typical purely competitive firm: (w) is both a price maker and a quantity adjuster. (x) operates within the inelastic range of the demand curve. (y) should decide how much to produce at prices set through the market. (z) tries to maximize total sa

  • Q : Effect of prices declining in

    Can someone please help me in finding out the precise answer from the following question. Americans would start cultivating bigger, greener lawns when the: (i) Prices of the fertilizer and water declined. (ii) Government imposed stricter safety standards for the lawn

  • Q : Distribution of Income before taxes and

    Income is distributed before taxes and transfers in the United States such as, in 2003 year, the lowest quintile [20%] earned around: (w) 4% of all income and the highest quintile earned over half of all income. (x) 5% as much as the highest quintile.