Which of the following are barriers to entry?

Question

Quizplus · Accepted Answer

All of the above are examples of barriers to entry. Economies of scale allow established firms to produce at lower costs than potential entrants, making it difficult for new firms to compete. Patents and copyrights give exclusive rights to a product or process, preventing others from entering the market with something similar. Control of resources, such as proprietary technology or access to crucial materials, can also limit new entrants from competing effectively.

Which of the Following Are Barriers to Entry