Entry into an oligopolistic market may be difficult due to:
A) the amount and cost of capital required to produce efficiently.
B) the amount of advertising expenditures required to secure a profitable share of the market.
C) both of the above.
D) none of the above.

Question

Quizplus · Accepted Answer

Both the amount and cost of capital required to produce efficiently and the amount of advertising expenditures needed to secure a profitable share of the market are significant barriers to entry in an oligopolistic market.

Entry into an Oligopolistic Market May Be Difficult Due To