Describe the major barriers to entry into a industry

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Major barriers to entry into an industry

1. Discuss the major barriers to entry into a industry. Explain ow each barrier can foster monopoly or oligopoly.

2. What effect would a rule stating that university student must live in University dormitories have on the price elasticity of demand for dormitory space? What impact might this in turn ave onroom rates?

Reference no: EM1338653

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