Barrier to entry flashcard sets

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barrier to entry definitions
# Definition Sets
1any factor that makes it difficult for a new firm to enter a market12 sets
2any force that prevents firms from entering a new market5 sets
3anything that prohibits a firm from entering a market3 sets
4prevents new firms from entering an industry2 sets
5anything that keeps new firms from entering an industry in which firms are earning economic profits2 sets
6conditions that prevent new companies from entering an industry2 sets
7any factor that makes it difficult to for a new firm to enter a market1 set
8any factor that makes it difficult for a new firm to enter a marker1 set
9a _____ __ ____ is an advantage that incumbants have relative to new entrants1 set
10an explicit restriction or cost that applies to potential firms--existing firms are not subject to the restriction or do not bear the costs;1 set
11something that prevents firms from entering a profitable market1 set
12any factors that makes it difficult for a new firm to enter a market1 set
13any factor that makes it dificult for a new firm to enter a market1 set
14anything that prohibits a frim from entering a market1 set
15any force that prevents firms from entering a new market.1 set
16any factor that makes it difficult for a new firm to become part of a market1 set
17condition that impedes entry by new competitors1 set
18something that prevents new firms from entering and competing in imperfectly competitive industries.1 set
19the factor that makes it hard to enter a market1 set
20the level of difficulty that is present for an individual/group etc. to make it onto a network or program slot. this is important because often times theres a monopoly over a specific network which means it is difficult for smaller groups to get on the air. alternatively, there could be a low level of difficulty such as on public broadcasting.1 set
21anything that keeps new firms from entering an industry in which firms are earning economic profit1 set
22anything that prohibits a firm from entering a market.1 set
23any factor that makes it difficult for a new firm to enter the market1 set
24any factor that makes it difficult for a new firm to enter a market.1 set
25requiring a government license1 set