Advertisements
Advertisements
प्रश्न
Explain the implications of the following in an oligopoly market: Barriers to entry of new firms
Advertisements
उत्तर
In an oligopoly market, there are barriers to the entry of new firms. The patents rights are largely created for these firms and hence entry is restricted to new firms. The existing firms need not face any problem of new firms and they are able to earn-extra normal profit.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
