Barriers to Entry Are Business Practices or Conditions That Make

question 68

Multiple Choice

Barriers to entry are business practices or conditions that make it difficult for new firms to enter the market.Which of the following is not an example of a barrier to entry?

• A)capital requirements
• B)advertising expenditures
• C)distribution access
• D)a company's manufacturing cycle

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Definitions:

Verbal Offer

An offer made orally, rather than in writing, typically in contexts of negotiation, sales, or employment arrangements.

Silence

The absence of any sound or noise; in legal terms, it may refer to the situation where a party's failure to speak or act is interpreted as consent or agreement.

Consumer Protection Legislation

Laws designed to safeguard the rights and interests of consumers by regulating trade practices and ensuring fair transactions.

Legal Relationship

A bond or connection established between entities or individuals by the force of law, encompassing various forms such as contractual, familial, or corporate ties.