Discuss the major barriers to entry into an industry

Discuss the major barriers to entry in" rel="nofollow">into an in" rel="nofollow">industry. Explain" rel="nofollow">in how each barrier can foster either monopoly or oligopoly. Which barriers, if any, do you feel give rise to monopoly that is socially justifiable? Question 8 U.S. pharmaceutical companies charge different prices for prescription drugs to buyers in" rel="nofollow">in different nations, dependin" rel="nofollow">ing on elasticity of demand and government-imposed price ceilin" rel="nofollow">ings. Explain" rel="nofollow">in why these companies, for profit reasons, oppose laws allowin" rel="nofollow">ing reimportation of their drugs back in" rel="nofollow">into the United States. Question 9 How was De Beers able to control the world price of diamonds over the past several decades even though it produced only 45 percent of the diamonds? What factors ended its monopoly? What is its new profit strategy? Question 10 Under what law and on what basis did the federal district court fin" rel="nofollow">ind Microsoft guilty of violatin" rel="nofollow">ing the Sherman Act? What was the in" rel="nofollow">initial district court’s remedy? How did Microsoft fare with its appeal to the court of appeals? What was the fin" rel="nofollow">inal negotiated remedy?