All of the following,except one,are examples of barriers to entry.Which is the exception?
A)Economies of scale.
B)Minimum-wage legislation.
C)Copyrights.
D)Government licences.

Question

Quizplus · Accepted Answer

Minimum-wage legislation does not create a barrier to entry because it is not directly related to the ability of new firms to enter into a market. It may affect the cost structure of firms already in the market, but it does not prevent new firms from entering. In contrast, economies of scale, copyrights, and government licenses can all create barriers to entry by making it difficult or costly for new firms to compete with established firms in a market.

All of the Following,except One,are Examples of Barriers to Entry