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What best describes the market structure of a monopoly?
A monopoly is when a market has many buyers but only one seller.
What effect can technology have on perfect competition?
Technology can become a barrier to entry for producers
What is the first main source of a monopoly's barrier to entry?
A key resource is owned by a single firm.
What is an impossible barrier to entry and exit of the market?
boset tinatanong ko nga senyo eh
What is any factor that makes it difficult for new firm to enter a market referred to as?
a barrier to entry.
What is an example of a legal barrier to entry?
high start up costs
What is an example of a physical barrier?
One example of a physical barrier is a fence. Fences are physical structures that can prevent access to a certain area or keep out unwanted intruders. They provide a visible boundary that physically blocks entry.
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 a example of a barrier to entry?
barriers to entry mostly are either natural or man made.natural barriers could be due to possession of a key resource or means of production.man made on the other hand include copy and patent rights.
What is a thermal barrier?
A thermal barrier is any protective covering or barrier which inhibits the transfer of heat. For example the space shuttle used a thermal barrier to prevent the astronauts from burning to death when entering the earth atmosphere during re-entry. The thermal barrier reduced the heat caused by the friction of the air passing over the spacecraft to acceptable levels. Without it the shuttle would have burn up and disintegrate. The failure of the thermal barrier was the reason that the Space Shuttle Columbia burned up during re-entry on February 1, 2003.
What best describes the market structure of a monopoly?
A monopoly is when a market has many buyers but only one seller.
What effect can technology have on perfect competition?
Technology can become a barrier to entry for producers
A reproductive barrier that prevents species from mating is an example of?
a prezygotic barrier
What are the Legal barriers in retail?
Exclusive ownership of raw materials a legal barrier to entry
How many types of barriers of communication are there?
There are many types of barriers of communication for example; language barrier, physical barrier, emotional barrier, listening barrier, cultural barrier, gender barrier etc
What an example of a chemical barrier?
haha
