Question: Barriers to entry do not occur when: a firm controls a scarce resource. firms requires a professional license or franchise agreement. diseconomies of scale in

Barriers to entry donotoccur when:

a firm controls a scarce resource.

firms requires a professional license or franchise agreement.

diseconomies of scale in production exist in an industry.

the firm that introduces a product is granted a patent.

economies of scale in production exist in an industry.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Understand the importance of strategic planning

Q:

Brief answers. 37) All of the following are examples of product differentiation in monopolistic competition EXCEPT A) new and improved packaging. B) lower price. C) acceptance of more credit cards...

Q:

case study : Please answer the below 3 mentioned questions - including references Questions 1. Is setting up a wholly...

Q:

Barriers to entry do not occur when: A. The government requires a professional license or franchise agreement. B. Diseconomies of scale in production exist in an industry. C. The firm that introduces...

Q:

Please answer all the questions with blanks, boxes, and graphs with coordinates please. Please answer all questions according to the question number. Please don't summarize the answers in paragraphs....

Q:

HI PLEASE ANSWER ALL 1. Assume the market for apples is initially in equilibrium. Which of the following will result in a higher equilibrium price of apples? a. An increase in both the demand for and...

Q:

Hello, kindly help me with these questions. _____ 1. Which of the following statements characteristics perfect competition? a. Producers are price makers. b. Producers sell differentiated products....

Q:

EBC 101 / ECO 1: Introductory Economics Module Test Ill Name: DLC: Score: Multiple Choice. 1 . Which of the following statements characteristics perfect competition? a. Producers are price makers. b....

Q:

Read the case scenario and use the text provided to support your answer and only used the text provided Case Scenario Dion is an engineer with Tesla Motors who helps to design electric motors. It has...

Q:

How to do problem 1-8? thank you Microeconomics: Sample Exam 2 Important Note: Completing this Sample Exam 2 by yourself is necessary but not sufficient: all course material after Exam 1 should be...

Q:

\f\f\fChapter 2 Service Strategy Learning Objectives After completing this chapter, you should be able to: 1. Formulate a strategic service vision. 2. Describe how a service competes using the three...

Q:

Table 10.1 shows the possible arrangements of four molecules in a two-bulbed flask. What are the possible arrangements if there is one molecule in this two-bulbed flask or two molecules or three...

Q:

14. In Figure 5, AB is parallel to CD, EF and GH. The parallel lines AB, EF and GH intersect QR such that QX=XY=YR. SU= 9 cm, DU=8cm and TV=5 cm. Prove that angle TUV-90.

Q:

Since 1 9 5 5 , Treasury bond yields and earnings yields on stocks have been

Q:

For the last five years, Mrs. Rosetta Stone has been working as a technical writer and translator for Brandan Books Incorporated, (BB Inc.), a Canadian controlled private company located in Kamloops,...

Q:

a). In one of the recent presentations we discussed FASBs deliberation on where the non controlling interest should appear on a consolidated balance sheet? b). What were the alternatives FASB...

Q:

y vnunyeUES, This question deals with probabilities and estimations of potential litigation claims. In Accounting Standards Codification (ASC) 450 (formerly Statement of Financial Accounting Standard...

Q:

On January 1, 2021, Gooch Company acquires 80% of the outstanding common stock of House Inc., for a purchase price of $12,400,000. It was determined that the fair value of the noncontrolling interest...

Q:

5. A high school girl who is self-conscious about her appearance has been fasting for several days to fit into a dress she intentionally bought a size too small for a school dance. Which of her...

Q:

Case Study: Driverless Cars Researchers at the Massachusetts Institute of Technology are asking people worldwide how they think a robot car should handle life-or-death decisions. Their goal is not...

Q:

2. Your employee is only selling about half the items per week that he should be selling. How would you go about determining what the problem is and whether training is the solution.

Q:

1. Explain how you would apply our motivation points in developing a lecture, say, on orientation and training.

Q:

2. In the HR management course Jennifer took, the book suggested using a job instruction sheet to identify tasks performed by an employee. Should the Carter Cleaning Centers use a form like this for...