Barriers to entry include:
A) control over a key resource or input.
B) economies of scale.
C) government barriers.
D) They are all barriers to entry.

Question

Quizplus · Accepted Answer

The best choice is D because all of the options listed are barriers to entry. Control over a key resource or input limits the ability of potential competitors to produce or offer the same product, economies of scale make it difficult for new entrants to compete on price, and government barriers such as regulations and licensing requirements also limit competition.

Barriers to Entry Include