Which of the following does not constitute a barrier to entry into a market?
A)Homogenous product
B)Economies of scale
C)Control of a natural resource
D)Natural monopoly

Question

Quizplus · Accepted Answer

A homogeneous product may actually make entry into the market easier as there is less differentiation required. Economies of scale, control of a natural resource, and natural monopoly can all serve as barriers to entry by making it more difficult or expensive for new firms to compete.

Which of the Following Does Not Constitute a Barrier to Entry