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1. Network externality is the benefit we get from a single consumer and when it gets to the greater values it makes us, meaning the firm, bigger so the bigger the firm, the bigger the barriers to entry because there will be a firm which does the same job and good at what it does.
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What are the entry barriers that act as a potiential threat to new entrants in the market?
what are threats of new entrants
What role does the US government play in the free market economy?
Generally, the US government allows for the market to act unimpeded unless it causes serious social losses. For example, the government intervenes and regulates in cases of lack of competition, imperfect information, dangerous production or distribution, and externalities.
Four major antitrust laws?
1. sherman Antitrust act 2. Clayton Antitrust Act 3. Federal trade Commision Act 4. Robinson Patman Act
What outlawed monopolies?
1- Sherman Antitrust Act 1890 2- Clayton Act 1914 3- Federal Trade Commission Act 1914
What act improved business ethics?
National Industrial Recovery Act
How Himalaya act as a barrier?
Why himalayas are called barrier of India
How can competition act as a barrier to disperal?
Because of your mom
What is an entry?
An entry is an item inserted in a written record. An entry is also the act of going into an enclosure such as a room or tank.
What is a membranes?
It is a very thin film of a substance that can act as a barrier.
How can competition act as barrier to dispersal?
because of Miley Cyrus
What does entry mean?
an act of going or coming in
What is entry?
An entry is an item inserted in a written record. An entry is also the act of going into an enclosure such as a room or tank.
What effect would a barrier island have on the shoreline of the mainland?
A barrier island has several effects to the shoreline of the mainland. First of all, the barrier island can act as a way to soften the strong waves that could possibly cause sever damage to the mainland shoreline in the absence of a barrier island. Also, a barrier island also can act as a harbor in protecting the marine vessels that are docked at ports on the mainland.
What is the ntworking?
the act of working with a computer network
What networking devices can act as a gateway?
Routers Network + guide to network .... page no. 276
What are benefits of barrier islands?
they act as a storm break in the event of a major storm such as a hurricane.
Where is the Barrier Island located?
There are various barrier islands in the world. On the coast of Alabama and Mississippi there are a small set of them. Barrier islands mean that the water behind becomes much calmer and can act like like a natural harbor.
