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Impact the level of competition in a market

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Reference no: EM132085130

How do barriers to entry impact the level of competition in a market

What might happen to the market price as greater barriers to entry come into existence?

Not all barriers to entry are created through market conditions. Barriers to entry, such as patents, licenses, or international trade restrictions, may be government imposed. How do government-imposed barriers such as patents impact consumers and suppliers in these markets

Reference no: EM132085130

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