Which of the following is not considered a barrier to entry?
A)patents
B)government licenses
C)economies of scale
D)diseconomies of scale
E)control over essential resources

Question

Quizplus · Accepted Answer

Diseconomies of scale do not act as a barrier to entry but rather affect existing firms in the industry by increasing their cost of production. A barrier to entry is something that prevents new firms from entering the industry or makes it difficult for them to compete with established firms. Patents, government licenses, economies of scale, and control over essential resources are all examples of barriers to entry.

Which of the Following Is Not Considered a Barrier to Entry