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The government gives a single firm the exclusive right to produce a specific good.

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Q: What is the second main source of a monopoly's barrier to entry?
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Related questions

What is the first main source of a monopoly's barrier to entry?

A key resource is owned by a single firm.


What is the third main source of a monopoly's barrier to entry?

The cost of production makes a single producer more efficient than a large number of producers.


What are barrier to entry?

barriers to entry are a set of agreements that prohibits a company from entering a certain market.


What is a Government barrier to entry 1 an occupational license 2 ownership of raw materials 3 product differentiation advertising?

1. An occupational licence is a Governmental barrier to entry. The others are non-Governmental barriers to entry.


What is an example of a legal barrier to entry?

high start up costs


What effect can technology have on perfect competition?

Technology can become a barrier to entry for producers


What are the Legal barriers in retail?

Exclusive ownership of raw materials a legal barrier to entry


Is the integumentary system the second and third line of defense against infection?

The integumentary system is one of the first lines of defense against infection. It provides a physical and chemical barrier against the entry of pathogens.


The second line of a works-cited list entry should be indented by?

0.5


How can normal flora be a barrier to entry?

Normal flora can be a barrier to entry in several ways. The living bacteria that lives in our bodies wants to stay living there. If another organisim comes along it is going to protect it's territory, so to speak. They have defensive mechanisims to prevent other bacterial intruders from gaining entry to the body.


What are the disadvantages of dsdm?

Licensing cost Relatively high barrier to entry Cultural shift in organisation


What is any factor that makes it difficult for new firm to enter a market referred to as?

a barrier to entry.