Barriers to entry include all of the following except

Question

Quizplus · Accepted Answer

High prices are typically a result of barriers to entry, not a barrier themselves. Barriers to entry are factors that make it difficult for new firms to enter an industry, such as control of raw materials, patents, and product differentiation through advertising. High prices are often the consequence of successful barriers to entry that limit competition and allow existing firms to charge more.

Barriers to Entry Include All of the Following Except