CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

When market power is obtained through barriers to entry created by a firm itself, the market power is called ___ market power.

Open in App
Solution

When market power is obtained through barriers to entry created by the government or a regulatory body, the market power is called natural market power.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Monopolist
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon