What Are Barriers to Entry

question 86

Multiple Choice

What are barriers to entry?

• A)Toll highways which make transportation costs very high.
• B)Tariffs imposed on imported goods.
• C)Obstacles that make it difficult for new participants to enter an industry.
• D)Quotas imposed on imported goods.

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Definitions:

Misspelled Name

An error in the spelling of an individual's or entity's name, potentially affecting legal documents or contracts.

Illegal

Activities or actions that are prohibited by law or statute, and can lead to penalties or other legal consequences.

Endorsement For Deposit

A directive, usually on the back of a check, indicating that the check should be deposited into the account of the person named in the endorsement.

Restricts

Limits or confines actions, behaviors, or movements within certain parameters or conditions.