Topic Videos
Barriers to Entry and Market Power
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 20 Nov 2020
In this revision video we analyse and evaluate examples of entry barriers in imperfectly competitive markets.
Barriers to entry are strategies designed to block potential entrants from entering a market profitably.
Barriers to entry seek to protect market power of existing firms and maintain supernormal profits and increase producer surplus.
You might also like
Why is RyanAir so profitable?
Study Notes
Shell reports highest profits in 115 years
3rd February 2023
Why is Apple so profitable?
Study Notes
Why is Coca Cola so profitable?
Study Notes
Business Economics: $1 Million Per Day To Run a Cruise Ship
27th December 2022
Non-price competition - does it matter where beer is brewed?
16th December 2022
Theory of the Firm - Egg farmers get squeezed by higher costs
8th November 2022
Energy Economics - BP makes record profits
1st November 2022