Which of the following industries has a low barrier to entry?
A) automotive
B) computer chip
C) restaurant
D) airline

Question

Quizplus · Accepted Answer

The restaurant industry typically has a lower barrier to entry compared to other industries, such as automotive or computer chip manufacturing which require significant investment in specialized equipment and technology. While starting a restaurant still requires capital for rent, equipment, and supplies, it often does not require the same level of technical expertise or large-scale infrastructure as other industries.

Which of the Following Industries Has a Low Barrier to Entry