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Barriers to entry and contestability

Edexcel 9EB0T4-1bA-levelLesson packSubscription
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  • 10 questions
  • 40 marks
  • about 50 minutes
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Question types: multiple choice, short answer, fill the gap, true or false, matching.

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In economics, which of the following best defines a 'barrier to entry'?

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About this resource

Edexcel Economics B (9EB0) Theme 4 'Making markets work' (Paper 1), Unit T4-1 'Competition and market power' — spec ref 4.1.2. Contestability and the ease of entry/exit; the threat of new entrants and hit-and-run competition; sunk costs as the key determinant of how contestable a market is; the m…

20 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Hinge Check — What Does 'Barrier' Mean Here?
  3. Contestable Markets: The Threat of Entry
  4. Hinge Check — Contestability with Only One Firm?
  5. Barriers to Entry — The Main Types
  6. Key Organiser — Barriers to Entry
  7. Guided Practice — Matching Barriers to Examples
  8. Barriers to Exit — and How They Deter Entry
  9. Hinge Check — Barriers to Exit and New Entrants
  10. Economies of Scale — An Incumbent's Cost Advantage
  11. Hinge Check — Economies of Scale as a Barrier
  12. Barriers to Entry and the Spectrum of Competition
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