Identify the type of barrier to entry. (Natural barriers to entry, Ownership barrier to entry, Legal barrier to entry) a) DeBeers Diamond company in the 1980s and 1990s b) Electricity provider in a city c) Pharmaceutical drug

Identify the type of barrier to entry. (Natural barriers to entry, Ownership barrier to entry, Legal barrier to entry) a) DeBeers Diamond company in the 1980s and 1990s b) Electricity provider in a city c) Pharmaceutical drug

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Identify the type of barrier to entry. (Natural barriers to entry, Ownership barrier to entry, Legal barrier to entry)

a) DeBeers Diamond company in the 1980s and 1990s

b) Electricity provider in a city

c) Pharmaceutical drug

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