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What may be the three most powerful barriers to entry

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Reference no: EM132511541

1. What, exactly, is a 'barrier to entry" (also known as a barrier to entry and success?

2. How and why is it that firms in an "oligopoly" market structure often enjoy higher barriers to entry compared to firms that are perfect competitors?

3. In your opinion, what may be the three most powerful barriers to entry? Why? Please give an example of each of these three barriers to entry.

4. In your opinion, which three barriers may be the least powerful? Why? Please give an example of these three barriers to entry.

5. Please give three examples of how "consumer loyalty" may be used as a barrier to entry and success, and please try to use examples not previously discussed, if possible.

6. Please give three examples of how our legal system may be used as a barrier to entry and success, and please try to use examples not previously discussed, if possible.

7. What, exactly, is the definition of the term "price discrimination"?

8. What must a seller DO in order to engage in price discrimination?

9. Please give me two examples of price discrimination that were not previously discussed, preferably two examples that you have experienced first-hand.

10. In your examples, how did the seller "get away with it"?

Reference no: EM132511541

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