GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:36 Nov 3, 2003 |
Russian to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Elenacb United Kingdom Local time: 01:14 | ||||||
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Summary of answers provided | ||||
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3 +3 | barriers to entry and exit |
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3 | entrance and exit barriers (by sector) |
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entrance and exit barriers (by sector) Explanation: I think, but I'm not an expert! -------------------------------------------------- Note added at 2003-11-03 17:51:13 (GMT) -------------------------------------------------- \"entry\" not \"entrance\" See: http://econpapers.hhs.se/paper/fthstarer/88-40.htm which has the title: ENTRY AND EXIT BARRIERS: A NOTE ON THE COMPATIBILITY OF FREE ENTRY AND COSTLY EXIT |
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barriers to entry and exit Explanation: Revision Guru ... Microeconomics. ... A market structure where a large number of small firms produce a non-homogeneous product and there are no barriers to entry or exit. Monopoly. ... www.revisionguru.co.uk/economics/glossar y.htm Barriers to exit These can occur if there are high sunk costs that can not be recovered if the firm leaves the industry. Barriers to entry Factors which make it difficult or impossible for a firm to enter a particular market and compete with existing firms. |
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