What Are the Two Types of Barriers to Entry

question 3

Multiple Choice

What are the two types of barriers to entry?

• A)Legal and strategic
• B)Price and Size
• C)Structural and strategic
• D)Size and Legal
• E)Price and Structure

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Definitions:

Mathematical Technique

A method or procedure employed in solving mathematical problems or in modeling real-world phenomena using mathematical concepts.

Labour Cost

The total expenditure incurred by employers to compensate the workforce, including wages, benefits, and any other employee-related expenses.

Per Unit

A term used to define the cost, price, or quantity relative to a single unit of a product or service.

Political Risk

The likelihood of financial loss or other adverse effects on investment outcomes due to political instability, government actions, or geopolitical tensions in a region.