--%>
Assignment Help - homework help

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 : Monopolist maximizes profit When a

    When a monopolist maximizes the profit in the product market, it will: (i) Hire labor till the marginal revenue product equivalents the marginal resource cost. (ii) Hire the labor till the value of marginal product equivalents the marginal resource cost. (iii) Pay a w

    		•
  • Q : Shifting supply of curve by entry of

    When the price for Christmas trees is initially P1, in that case in the long run: (w) firms will neither enter nor exit this industry. (x) entry of firms will shift curve supply curve A to the right. (y) exit of firms will shift supply curve A to the left.

    		•
  • Q : Problem on Economic Capital Your

    Your construction company just bought a bulldozer on credit. From the viewpoint of your company, this bulldozer is an illustration of: (i) Liability. (ii) Fixed costs. (iii) Net variable cost. (iv) Capitalization. (v) Economic capital.

    Q : Collective Bargaining-Check off

    When a collective bargaining contract comprises a ‘check-off provision’ then: (1) Union workers can be fired if they don’t meet production quotas. (2) Firms collect the union dues by deducting them from pay-checks. (3) Workers are needed to do just t

    		•
  • Q : Demands for Labor-Trade off work The

    The demands for labor mainly based on LEAST on the levels of: (i) Labor productivity. (ii) Technology and amounts of other resources used. (iii) Demand for the final products. (iv) Trade-off between work (producing income) and free time.

  • Q : Study of Microeconomics primarily

    Microeconomics primarily consist the study of: (w) unemployment, inflation, and our monetary system. (x) capitalism versus socialism. (y) individual decision making within households, industries and firms. (z) rational budgeting through government and

    		•
  • Q : Characteristic firms of purely

    At market price P0, this purely competitive industry’s characteristic firms will earn: (i) positive economic profit. (ii) negative economic profit. (iii) zero economic profit. (iv) negative accounting profit. (v) important dividends f

    		•
  • Q : Labor Unions and Aggregate Wage Income

    Can someone help me in finding out the right answer from the given options. The least likely outcome when unions succeed in increasing their member’s wages is that: (i) Wages in non-union sectors will drop. (ii) Employment will grow in the non-union sectors. (ii

    		•
  • Q : Liabilities for damages and penalties

    Can someone please help me in finding out the accurate answer from the following question. The Caveat venditor is an ancient legal doctrine which encourages: (i) Consumer exploitation. (ii) a ‘buyers beware’ approach. (iii) Enforcement of the seller’

    		•
  • Q : Economic good becomes an economic bad

    Economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Marginal returns are reducing. (2) Sellers experience an honest hazard. (3) Marginal utility is negative. (4) Buyers suffer from unfavorable choice. (5) Exc

    		•