181 Outcome: Barriers to Entry (145/160) -- Microeconomics

181 Outcome: Barriers to Entry What you’ll learn to do: define and explain the sources of barriers to entry So how does someone go about creating a monopoly, anyway? In this section, you’ll learn about the characteristics that lead to an environment where one business or firm could become a monopolist. Some monopolies form out of a government requirement, some because they control an essential resource, some because they are given an patent or have a copyright, or others because they intimidate competitors. LEARNING ACTIVITIES The learning activities for this section include the following: - Reading: How Monopolies Form: Barriers to Entry - Self Check: Barriers to Entry Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.