Barriers of Entry into a Market Are Not Determined by Which

question 23

Multiple Choice

Barriers of entry into a market are not determined by which of the following?

• A) Economics of scales
• B) Brand loyalty
• C) Potential opportunities
• D) Absolute cost advantage

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Definitions:

Ambivalence

Ambivalence is the state of having mixed feelings or contradictory ideas about something or someone.

Compliance

The act of conforming to a rule, command, or request, either willingly or through pressure or obligation.

Stuck

A state of being unable to move forward or make progress in a particular situation or task.

Trait Resistance

A personality characteristic that involves resilience and an ability to withstand stress or adversity.