--%>
Assignment Help - homework help

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 : What is fiscal deficit Fiscal deficit :

    Fiscal deficit: When the total government expenses are more than total government receipts exclusive of borrowing it is termed as fiscal deficit. Fiscal deficit = Total Government Expenditure – Tot

    		•
  • Q : Deadweight Losses and Taxation Whenever

    Whenever a tax on a good outcome less government revenue than the sum of the losses of producer and consumer surpluses due to tax, economists state that the tax has caused a/an: (1) Administrative loss. (2) Market failure. (3) Economic loss. (4) Bureaucratic loss. (5)

    		•
  • Q : Example to illustrate non-tariff trade

    Imports and American cars are close nevertheless not ideal substitutes. When the U.S. government tried to boost American car sales through setting a price ceiling of P1 upon imported cars in that case: (w) the quantity of cars imported will

    		•
  • Q : Arc elasticity of demand between two

    The arc elasticity of demand Ajax for labor in between point a and point b is about: (i) 0.25. (ii) 0.50. (iii) 0.75. (iv) one. (v) two.

    Q : Demand for product when its sales fall

    When a 10% hike in the price of paisley socks causes sales to fall with 20%, the demand for such socks is: (1) perfectly inelastic. (2) relatively inelastic. (3) unitarily elastic. (4) relatively elastic. (5) perfectly elastic. <

    		•
  • Q : Strategy of lowering then high price in

    Juan, Celia, Cassie and Gupta operated rival gas stations at 4 corners of an intersection. Every one originally charged similar price for their gasoline but after Gupta slashed his prices, Juan and Celia as well as Cassie all shut down. Gupta in that case boosted pric

    		•
  • Q : Total variable costs in pure competition

    This profit-maximizing, as in demonstrated graph, of brickyard’s total variable costs are about: (i) $200 per day. (ii) $600 per day. (iii) $750 per day. (iv) $900 per day. (v) $1200 per day.

  • Q : Estimate income elasticity of demand

    When Y = income, that is the income elasticity of demand is approximately measured when the value of: (i) (% change in Q) / (% change in Y). (ii) ratio of the slopes of demand relative to supply. (iii) (% change in Q) / (% change in P). (iv) constant

    		•
  • Q : Labor Unions Strikes-Lockouts Can

    Can someone please help me in finding out the accurate answer from the following question. Whenever unions and managements have failed to arrive at a collective bargaining agreement and management closes the production facilities to exert pressure on the union negotia

    		•
  • Q : Demand Price equivalent to market price

    Can someone please help me in finding out the accurate answer from the following question. People will purchase goods when their demand prices equivalent or surpass: (1) Transaction costs. (2) Market prices. (3) Subjective prices. (4) Price indexes.

    		•