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
E)All of the above are potentially barriers to entry into a product market.

Question

Quizplus · Accepted Answer

The absence of economies of scale in the product market actually makes it easier for new firms to enter, as they don't need to achieve a large scale of production to be competitive. The other options are all potential barriers to entry.

Which of the Following Is Not Potentially a Barrier to Entry