9.1 Monopoly and Barriers to Entry – Principles of Microeconomics
https://ecampusontario.pressbooks.pub/principlesofmicroeconomicscdn/chapter/9-1-monopoly-and-barriers-to-entry/
webBarriers to entry are the legal, technological, or market forces that discourage or prevent potential competitors from entering a market. “ Monopoly ” by Nick Youngson, CC BY-SA 3.0. Barriers to entry can range from the simple and easily surmountable, such as the cost of renting retail space, to the extremely restrictive.
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