Barriers to entry are

Question

Quizplus · Accepted Answer

Barriers to entry can take various forms including legal, economic, technological, or even social constraints that limit the ability of new firms to enter a market and compete against existing ones. These barriers can be advantageous to established firms as they limit competition and allow them to earn higher profits, but they can also harm consumers by reducing choice, innovation, and price competition. Therefore, E is the best answer as it encompasses all possible types of barriers to entry.

Barriers to Entry Are