An Entry Barrier Makes It More__________ for New Competition to Enter

question 27

Short Answer

An entry barrier makes it more__________ for new competition to enter the market.

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Definitions:

Excitatory Generalization Gradient

The tendency for the conditioned response to be elicited by stimuli that are similar to the conditioned stimulus.

Conditioned Stimulus

A previously neutral stimulus that, after being repeatedly paired with an unconditioned stimulus, begins to elicit a conditioned response on its own.

Conditioned Response

The learned reaction to a previously neutral stimulus that becomes conditioned through association with an unconditioned stimulus.

Stimulus Generalization

The tendency for a learned response to stimuli that are similar to the original conditioned stimulus to evoke the same response, without having been explicitly taught.