For an oligopolistic market, the most common barrier to entry is often:

Question

Quizplus · Accepted Answer

Economies of scale refer to the cost advantages that a firm experiences as its production level increases. In an oligopolistic market, firms often have significant economies of scale, which make it difficult or expensive for new firms to enter the market and compete effectively. Therefore, the most common barrier to entry in an oligopolistic market is economies of scale.

For an Oligopolistic Market, the Most Common Barrier to Entry