____________________ constitute(s) perhaps the most significant barrier to entry into an oligopolistic market.
A)Patent rights
B)Exclusive ownership of essential resources
C)Legal barriers
D)Economies of scale
E)Copyrights

Question

Quizplus · Accepted Answer

Economies of scale are a significant barrier to entry in an oligopolistic market because they allow established firms to produce at a lower average cost, making it difficult for new entrants to compete on price.

____________________ Constitute(s) Perhaps the Most Significant Barrier to Entry into an Oligopolistic