--%>

Natural barriers to entry technology

Natural barriers to entry would include: (w) long established brand loyalty. (x) enforcement of existing antitrust laws. (y) technology which dictates large plant size. (z) patents and copyright laws.

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

   Related Questions in Microeconomics

  • Q : Market supplies of labor withinin long

    During the long run, the labor supply curve facing a main industry: (w) will always be positively associated to the wage rate. (x) will slope upward only when individual labor supply curves slope upward. (y) can be backward bending at very high wage r

  • Q : Present Value of an Annual Income The

    The present value of an annual income stream which goes on forever equals the annual income as: (w) times infinity. (x) divided by the wage rate. (y) multiplied by the interest rate. (z) divided by the interest rate.

    Q : Profit from cost structures and market

    When cost structures and the market demands facing each of the given types of firms were identical, in that case the greatest profits would be generated through a: (1) pure monopolist. (2) price discriminating monopolist. (3) perfectly competitive fir

  • Q : Synonym of the term utility The nearest

    The nearest to being a synonym of the term “utility” is: (1) Universal.. (2) Consumption. (3) Satisfaction. (4) Multi-faceted. (5) Marginalism Can someone help me in getting through this problem.

  • Q : Resolving principal-agent problems I

    I have a problem in economics on Resolving principal-agent problems. Please help me in the following question. Attempts to resolve the principal-agent problems among stockholders and top corporate managers (that is, CEOs) comprise: (i) Profit-sharing systems for the t

  • Q : Monopolistic competition in the long run

    In the past 4 decades, the still increasing globalization of trade has caused the United State automobile market to evolve by: (i) highly concentrated oligopoly towards monopolistic competition. (ii) pure monopoly to pure competition. (iii) a cartel t

  • Q : Minimum average variable cost at

    When the minimum average variable cost exceeds price, in that case a firm produces: (w) where MR = MC into the short run. (x) only in the long run. (y) in the short run although shuts down in the long run. (z) nothing in the short run.

    Q : Define demand curve where quantity

    At the whole prices where quantity demanded is zero, there the: (w) slope of the demand curve is zero. (x) price elasticity of demand is zero. (y) supply curve has infinite slope. (z) price elasticity of demand is imperfectly defined.

    Q : Prohibition in Economic Profit Economic

    Economic profits are not: (1) a surplus of revenues over opportunity costs. (2) quite similar to pure economic rents from society’s viewpoint. (3) zero in a purely competitive economy along with no uncertainty and zero transaction costs. (4) dif

  • Q : Prevent entry and set production A

    A strategy probable to make a cartel successful would be for cartel members to: (w) give slightly differentiated outputs. (x) stagger the amounts by which they raise prices. (y) prevent entry and set production quotas which are enforceable. (z) mainta