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Unit 3 Micro: Revision on Entry Barriers

Geoff Riley

10th April 2012

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Here is a revision presentation focusing on different entry and exit barriers in imperfectly competitive markets.

Entry barriers: Block potential entrants from making a profit Protect the monopoly power of existing firms Maintain supernormal profits in the long run Barriers to entry make a market less contestable


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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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