Copyrights in legal barriers to entry

Legal barriers to entry do NOT comprise: (1) outright governmental prohibition of entry. (2) protection of inventions by patent. (3) licensing and bonding restrictions. (4) substantial economies of scale. (5) copyrights for music, computer software and written work.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

View Complete Question

Related Questions in Microeconomics

Q : Value of Nonhuman Wealth The most

The most unequally variable distributed for U.S. data would most likely be: (1) pre-tax and pre-transfer incomes 1929. (2) incomes after taxes and transfers 1975. (3) the value of nonhuman wealth 2005. (4) incomes after taxes and transfers 2005. (5) incomes before tax

Q : Rational Investments and Sunk Costs

Decisions are most obviously less than perfectly rational while: (1) you take a shortcut through a dark alley at 3:00 am to get home faster. (2) a brilliant student majors into art history in place of economics. (3) prisoners on death row in Texas know that tobacco ca

Q : Calculation of market demand To compute

To compute the market demand for air-filled mattresses, add up the: (i) Amounts demanded at each and every price. (ii) Amounts supplied at each and every price. (iii) Demand prices at each and every quantity. (iv) Supply prices at each and every quant

Q : Raising or lowering the price in demand

The point on this illustrated demand curve in below at that either raising or lowering the price causes total revenue of Monsieur Cournot to decline is: (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e.

Q : Increasing return to a factor Describe

Describe the likely behaviour of total product beneath the phase of increasing return to a factor.

Q : Protect monopolistic firms by barriers

Barriers to entry which may protect monopolistic firms through losing market power across time do not comprise: (i) legal or regulatory barriers. (ii) artificial barriers. (iii) collusive barriers. (iv) strategic barriers. (v) natural

Q : Automation process I have a problem in

I have a problem in economics on Automation process. Please help me in the following question. The procedure of substituting complicated machinery for human labor is termed as: (1) automation. (2) Bionic engineering. (3) Robotics. (4) Scientific manag

Q : Relative price and income inelasticity

Technological advances have raised agricultural productivity enormously among 1800 and nowadays, and therefore, the relative incomes of family farmers declined dramatically. There hardships endured through American farm families throughout this period

Q : Maximize profits at fixed costs A

A monopoly along with huge fixed costs but no variable costs will maximize profits where is: (w) the price elasticity of demand is vast. (x) total costs are minimized. (y) MR = MC = 0. (z) price minus average cost is maximized

Q : Determine constant slope of demanded

The slope of this illustrated figure of demand curve for DVD games is: (w) constant. (x) greater at high prices than at low prices. (y) lower at low prices than at high prices (z) unitarily elastic.

Discover Q & A

Leading Solution Library

Avail More Than 1430904 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1954715
Asked

3,689

Active Tutors

1430904

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment