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- Subject
- Monopolyeconomics-mcqs › monopoly
- Published
- 30 May 2019
- Last updated
- 28 May 2026
Which of the following is not considered a barrier to entry in a market?
Multiple choice question for Monopoly. Select an option, then review the explanation below.
Explanation
Barriers to entry typically include patents, economies of scale, and substantial startup costs. However, the ability to easily move resources (mobility of resources) does not restrict new competitors from entering the market.
More Monopoly MCQs
Practice related questions from the same subject.
- 1.Which option best describes the concept of price discrimination?
- 2.In contrast to a perfectly competitive market, what is a monopolist more inclined to do?
- 3.In a pure monopoly market, how does the price compare to the marginal revenue?
- 4.What action should a monopolist take when marginal revenue is greater than marginal cost?
- 5.What is the likely impact on production costs if a natural monopoly is divided into several smaller companies by regulators?