Problem
What are some of the factors that determine the difficulty of entering a particular industry? Would you expect the rate of profit to be greater in an industry with high or low barriers to entry? Do you think that stockholders would earn a higher rate of return on their investment if barriers to entry were high? Why or why not?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.