Question

The creation of properly scaled examples of these concepts is equated with the problem of defining ownership in a paper by George Demsetz that contrasts the definitions of these concepts given by Joe Bain, James Ferguson, and George Stigler. A force that is [emphasize] mitigated by these concepts is analyzed (-5[1])alongside competitive rivalry, the threat of substitutes, and two forms of bargaining power in Michael E. Porter’s five forces framework. Exclusive dealing is an example of the “strategic” type of these concepts, (-5[1])which is created deliberately, in contrast to the “structural” (10[1])type, which arises from inherent (-5[1])industry conditions. (-5[2])These concepts, (-5[2])which include capital requirements and (10[1])economies (10[1])of scale, (10[3])are low (10[1])in monopolistic (10[1])competition (10[1])and absent (10[1])in perfect competition. (10[1])For 10 points, name these obstacles (-5[1])that prevent new businesses (10[1])from coming into (10[2])a market. (10[1])■END■ (10[6])

ANSWER: barriers to entry [or entry barriers; or economic barriers to entry; accept structural barriers to entry; accept strategic barriers to entry; prompt on barriers]
<Social Science>
= Average correct buzz position

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Summary

2023 ACF Nationals04/22/2023Y21100%0%38%119.05

Buzzes

PlayerTeamOpponentBuzz PositionValue
Christopher SimsNorthwestern ABrown A49-5
Zane KierzykIndiana AColumbia B81-5
Joseph ChambersVirginia ACornell A9010
Henry LytleWUSTL BTexas A95-5
Nicholas TunksMinnesota BGeorgia Tech B97-5
Gareth ThorlaksonToronto AFlorida A97-5
Subhamitra Banerjee RoychoudhuryMichigan AIllinois A99-5
Dan NiCornell BNYU A99-5
Jerry LinDuke AChicago C10410
Maxwell YeMinnesota AHouston A10510
Charles HangWUSTL ASouth Carolina A10710
Vivek SasseChicago BJohns Hopkins A10710
Stevie MillerMaryland AHarvard A10710
Gavin MarkoffVanderbilt ARutgers A10910
Matt SchiavonePurdue AYale B11110
Chris RayOhio State AYale A11210
Rohan ShelkeUC Berkeley BColumbia A11410
Matt JacksonChicago APenn A11710
Swapnil GargUC Berkeley AImperial A123-5
Steven LiuMIT AGeorgia Tech A12710
S. A. ShenoyGeorgia Tech BMinnesota B13010
Conor ThompsonIowa State ANorth Carolina A13010
Walter ZhangBrown ANorthwestern A13210
Justin ChenNYU ACornell B13310
William GrogerColumbia BIndiana A13310
Leo LawFlorida AToronto A13310
Michael MaysImperial AUC Berkeley A13310
Yash MandaviaIllinois AMichigan A13310
Jisoo YooTexas AWUSTL B13310