Legislative bodies to impose barriers to entry

Reference no: EM13230704

1. Some firms will lobby their legislative bodies to impose barriers to entry. Can anyone think of groups or firms that do this?
- Besides BitCoin and AT&T

2. Student and local resident discounts are great examples of prevalent price discrimination. What benefit does this discrimination provide to the firm? How might someone that is not a student get a student discount?

3. In monopolistic markets, entry is controlled. What are some examples of these barriers to entry? Are these barriers natural or man-made? Could these barriers be broken down to allow for easier entry?

Reference no: EM13230704

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