Which of the following industries has the lowest barrier to entry?
A) Automotive
B) Computer chip
C) Small retailer
D) Airline
E) Solar energy

Question

Quizplus · Accepted Answer

Small retailer generally has the least barrier to entry as it requires relatively low start-up costs and low regulatory requirements compared to the other industries listed. Automotive, computer chip, and airline require significant capital investments and technological expertise, while solar energy also requires a substantial initial investment in equipment and infrastructure.

Which of the Following Industries Has the Lowest Barrier to Entry