Question:
How can Barriers to Entry Difficultly affect how long Firms already in the Industry can make a Supernormal Profit?
Author: go kysAnswer:
-How ‘high’ the Barriers to Entry is - how long it takes for Firms to Enter the market -Level of Supernormal Profit being made - More Profits = more effort the New Firms need to do to overcome Barriers
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go kys![go kys](https://lh5.googleusercontent.com/-VcvAufixQC8/AAAAAAAAAAI/AAAAAAAAAAA/AMZuuclTgbVcwbkN34cKx-XDycscqf7VNg/s96-c/photo.jpg)