Qualification > Commerce

Economics: Barriers to exit

(1/1)

Monopoly:

# Markets with high exit barriers are unstable and not self-regulated, so the profit margins fluctuate very much over time.
# Markets with a low exit barrier are stable and self-regulated, so the profit margins do not fluctuate much over time.

Can anyone please explain these two points.

Monopoly:
Any1?   :(

Navigation

[0] Message Index