Solved

As a Barrier to New Entry, Absolute Cost Advantages Can

Question 33

Multiple Choice

As a barrier to new entry, absolute cost advantages can be based on:


A) continuous advertising of brand and company names, and product innovation achieved through research and development.
B) high product quality, service-oriented innovations, and good after-sales service.
C) cost reductions that arise from the mass production of standardized output.
D) the unique ability of established companies to spread fixed costs over a large volume.
E) superior production operations and processes due to accumulated experience, patents, or trade secrets.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents