An example of a barrier to entry is

Name: An example of a barrier to entry is
Brand: Quizplus
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Question

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Occupational licensing requirements can create a barrier to entry by requiring individuals to obtain specific certifications or licenses in order to enter a certain field. This can increase the cost of entry and limit the number of new entrants into the market, giving established firms an advantage. Product differentiation, high profits, and increasing marginal costs do not necessarily create barriers to entry.

An Example of a Barrier to Entry Is