Which of the following is not a barrier to entry?
A) Economies of scale
B) Patent laws
C) Decreasing marginal costs
D) Licensing

Question

Quizplus · Accepted Answer

Decreasing marginal costs actually lowers barriers to entry by allowing new firms to enter the market and produce at a lower cost than existing firms. Economies of scale, patent laws, and licensing are all barriers to entry that can make it difficult for new firms to enter the market.

Which of the Following Is Not a Barrier to Entry