Barriers to entry _____ existing businesses _____.
A)protect; from price wars
B)expose; to limited pools of customers
C)protect; from competition by new entrants
D)expose; to competitive pressures

Question

Quizplus · Accepted Answer

Barriers to entry protect existing businesses from competition by new entrants. This can include factors such as high start-up costs, economies of scale, brand loyalty, government regulations, and intellectual property protection. By preventing new competitors from entering the market, established businesses are able to maintain their market share and avoid price wars.

Barriers to Entry _____ Existing Businesses _____

Barriers to Entry _ Existing Businesses _