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Dan Grist

Monopoly Barriers to Entry
Barriers to entry are designed to block potential entrants from entering a market. They seek
to protect the monopoly power of existing firms in an industry and therefore maintain
profits in the long run.

This most commonly arises because there are substantial economies of…

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Dan Grist

High capital costs are a very important barrier to
entry which is used in many industries. Entry costs
to these industries can be very high and only large
companies on the whole can pay them. For
example car manufacturers e.g. Nissan, in this
industry you would need high…


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