Match entry barrier: 1. Asset: p. Economic 2. Patent: q. Legal 3. Limit: r. Planned
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Barriers to entry that grant monopoly power are classified into economic, legal, and deliberate barriers.
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