Which of the Following Is a Potential Barrier to Entry

question 32

Multiple Choice

Which of the following is a potential barrier to entry into a monopoly market?

• A)Fixed costs are large relative to variable costs.
• B)Large economies of scale exist.
• C)The required infrastructure for an industry is high cost.
• D)All of these are potential barriers to entry.

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Definitions:

Decision-Making Process

A systematic approach to making choices among various alternatives, often involving steps such as identifying the problem, generating options, and selecting the best course of action.

Staff

Individuals employed in an organization or working for a particular project or objective.

D1

A term commonly used in Situational Leadership®, referring to one of the development levels where individuals are high in enthusiasm and commitment but low in skills and experience.

Great Flexibility

signifies a high level of adaptability or willingness to adjust to new conditions or changes.