An entry barrier that involves cost advantages is:
A)advertising
B)legal obstacles
C)restricted ownership of resources
D)market experience
E)a patent

Name: An entry barrier that involves cost advantages is: A)advertising B)legal obstacles C)restricted ownership of resources D)market experience E)a patent
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Question

Quizplus · Accepted Answer

Market experience can lead to cost advantages as firms with more experience can produce at lower costs due to learning curves and efficiencies gained over time.

An Entry Barrier That Involves Cost Advantages Is