All of the following are barriers to entry in an industry EXCEPT
A) a patent.
B) governmental restrictions.
C) low marginal tax rates.
D) economies of scale.

Question

Quizplus · Accepted Answer

Low marginal tax rates are not a barrier to entry, as they do not affect a firm's ability to enter an industry. A, B, and D are all potential barriers to entry, with patents and government restrictions limiting competition and economies of scale favoring larger firms.

All of the Following Are Barriers to Entry in an Industry