Which of the Following Is NOT an Entry Barrier to an Industry

question 79

Multiple Choice

Which of the following is NOT an entry barrier to an industry?

• A)expected competitor retaliation
• B)economies of scale
• C)customer product loyalty
• D)bargaining power of suppliers

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Definitions:

Notes Receivable

Financial assets representing amounts owed to a company by others, typically from loans or credit extended, evidenced by promissory notes.

Journal Entry

The form of recording a transaction in a journal.

Maker

The entity or individual who creates or produces something, often used in contexts involving manufacturing or crafts.

Allowance for Doubtful Accounts

An accounting provision made to accommodate likely losses on accounts receivable due to customers being unable to pay.