Which of the following is not potentially a barrier to entry into a product market?
A) patent protection on the design of the product
B) the absence of economies of scale in the product market
C) government licensing of the product's producers
D) the control of a crucial input necessary to produce the product

Question

Quizplus · Accepted Answer

The absence of economies of scale in the product market is not a barrier to entry, as it means that there are no cost advantages to larger firms and smaller firms can still compete effectively. A, C, and D are all potential barriers to entry, as they limit the ability of new firms to enter the market and compete with existing firms.

Which of the Following Is Not Potentially a Barrier to Entry