Which describes a barrier to entry?

Anything that protects a firm from the arrival of newcompetitors

A government regulation that bars a monopoly from earningeconomic profit

Something that establishes a barrier to expanding output

firms in the market already incurring economic losses so that nonew firm wants to enter the market

Question 22

A merger between T-Mobile and Sprint (2 wireless serviceproviders) would be an example of a

vertical merger

horizontal merger

conglomerate merger

duopoly merger