Economics A-Level
Barriers to Entry and Exit
What Barriers to Entry and Exit means in Economics A-Level, as defined for Pearson Edexcel.
Definition of Barriers to Entry and Exit
Analysis of structural (economies of scale), legal (patents), and strategic (limit pricing) obstacles that determine market contestability and the sustainability of supernormal profits.
Topics that use Barriers to Entry and Exit
- Market structures (Pearson Edexcel A-Level)
Related terms
Using Barriers to Entry and Exit in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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