One major barrier to entry under pure monopoly arises from the cost of the infrastructure that would be needed for production.
<h3>What is meant by barriers to entry?</h3>
This is the term that is used to show that the market structure is very difficult to break into.
This means that there would be only very few sellers of that particular product in the market.
<h3>What is diseconomies of scale?</h3>
This term is used in economics to refer to the fact that a business or a firm would have grown to be so large in such a way that the costs per unit would have to rise.
This is the stage where the economies to scale is no longer working for this particular firm. The production of goods and services would rise so much as per the unit cost of each item.
Types of these are
- infrastructure diseconomies
- Pollution diseconomies
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Because they need the money for other necessities such as paying rent, insurance, living expenses, transportation, and even paying for college and books for college. and it’s likely they are making minimum wage if they have a job so it is hard to keep up and pay that much per month
Answer:
a bad odour associated with food
Explanation:
Henery and a farad are the respective unit for electrical inductance and capacitance.
<h3>What is Electric capacitance?</h3>
This is defined as the ratio of the amount of electric charge stored on a conductor to a difference in its electric potential.
The unit is Farad and was named after the English physicist Michael Faraday.
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