Discuss the major barriers to entry into an industry. Explain how each barrier c

Published by

Dec 8, 2022


Struggling with a similar assignment? Don’t know where to start? Don’t have time to work on this? Get a high-quality paper written for you from scratch – PLAGIARISM FREE, guaranteed to get you a good grade. To get started, please click on the Submit Your Instructions at the bottom of the page.

Discuss the major barriers to entry into an industry. Explain how each barrier can foster monopoly. Can any barrier be socially justifiable? 
Your initial reply should be no less than 200 words. Then Reply to the two peers below.
1. When first entering into industry there are barriers that companies or individuals face, an example of this is the economic scale now what this means is a market where only one company can really operate due to cost advantage then it becomes easy for a monopoly to be made. Another example of this is in certain markets it is hard for new companies to be able to compete and create products due to the fixed cost or variable cost to create products, which means the more it costs the less likely it is that new companies can start up and leaving solely the big companies that have more money without any competition and creating a monopoly. These are just a few examples of barriers that can lead to creating a monopoly. the second example especially when a new company is first starting it can be very difficult to not only be successful but also to compete with other big names and companies that have been creating products and making revenue for years, so it only makes sense that monopolies would come from this, due to lack of competitive ability for other newer companies. While it is not ideal, especially for consumers it’s the reality of the modern day due to the rising prices and the need for the competitive ability to be able to become a known product or resourceful option for consumers. 
2. Monopolies frequently provide large economic profits due to the absence of competition. These gains ought to spur intense rivalry as outlined in Perfect Competition, but due to one specific monopoly feature, they do not. Entry barriers are the societal, economic, or technological factors that deter or forbid potential rivals from joining a market. Entry barriers can be anything from modest and manageable, like the cost of renting retail space, to incredibly onerous. For instance, the number of radio frequencies that can be used for broadcasting is limited. No new rivals can enter the market after the rights to all of them have been acquired. Barriers to entry can cause monopolies. Other times, they might only allow a small number of businesses to compete.There are four main obstacles to entering an industry. Economies of scale come first: The cost of production is dramatically reduced when output levels rise. Therefore, it is challenging for the new company to enter the market. Second, a substantial investment is necessary. Due to these barriers, businesses cannot readily enter the market. Third, certain businesses have access to resources found in nature. Therefore, it creates obstacles for new enterprises to enter. Finally, a small number of businesses use predatory pricing or limited pricing to reduce market competition.Patents and copyrights created barriers that are socially justified. Such intellectual property rights, motivate investment in research and development. So such entry barriers can be justified.


Need Writing Help? Our writing specialists are here 24/7, every day of the year, ready to support you! Instantly chat with an online tutor below or click here to submit your paper instructions to the writing team.

More than just an assignment.

Explore Now →

Who is this homework service for?

* If you are having a really hard class and want to get through it, then this is for you.

* If you have a medical emergency or someone close to you has a medical emergency and you don’t think you’ll be able to turn your assignment on time, this is definitely a service you could use.

* You can use us if you are having a tough Professor who won’t give you the grades you deserve.

* If you have a tight work schedule and you are getting points deducted for not submitting assignments on time.

* English might not be your first language and you feel like you are being left behind in class because of it.

* If you have a large project coming up and don’t think you have enough time to get it done well, definitely reach out to us.


Super stoked you are checking us out! We would like to help you with your assignment. We just need a few things from you:

* The full assignment instructions as they appear on your school account.

* If a Rubric is present, make sure to attach it.

* Any relevant weekly readings or learning resources.

* Include any special announcements or emails you might have gotten from your Professor regarding your assignment.

* Any templates or additional files required to complete the assignment.

If your assignment is somewhat complex and you need to explain it, please don’t hesitate to reach out to me via live chat. 



Frequently asked questions

How soon can I get my paper done?

It depends with your deadline. If you need your paper completed in 3 hours, we will deliver it in that time. All you need to do is indicate your deadline in our custom order page here. Alternatively, if you are sending us your instructions via email, please be sure to indicate your deadline.

Will it be completely original? I don't want to be caught in a case of Academic Integrity Violation.

We are as paranoid as you are. Maybe even more! And we understand that the greatest sin you can commit in your academic journey is plagiarizing your academic work. To that end, we have made sure that we check and double-check our papers using high quality plagiarism detection tools such as SafeAssign and Turnitin before submitting the paper to you.

Who is my writer? Is he/she a native English Speaker?

All our writers are native English Speakers. That is not to say that ESL writers are not good, we just prefer hiring native writers because we want the very best people working on your paper. This might mean paying a little bit more for your paper as opposed to when you pay a foreign company whose writers are non-native English Speakers.

What if I need revisions? Will your charge additional for this?

Of course not! If you do happen to require a revision on your paper, our team will handle it for you free of charge. Matter of fact, we won’t rest till you are happy with your paper. So, ask for as many revisions as you need, it’s completely FREE!

Will you give me my money back if I don't like my paper?

We have very few instances where we delivered a paper that a client didn’t fall in love with. But if it so happens that you don’t like your paper for any reason whatsoever, we’ll refund your money back no questions asked.

I have more assignments after this, can you help me with those too?

Of course! And what’s even better is that we can reserve a writer permanently to work on your entire class. This comes in handy for projects which build up on each other and where you need just one writer, one writing style.

I got my order information wrong, can I change that?

Yes you can. Just reach out to our support team via email (support@essaynook.com) or live chat here and they’ll help you change the instructions.

Can I place an order via email instead of going through the order page?

Yes you can. Email Anna at anna@essaynook.com, she’s in charge of our sales team. Alternatively, you can talk to our Live Chat team here and request to speak to Anna.

Trusted by Thousands of Students

Delivering quality assignments since 2007

%d bloggers like this: